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Basic Question 2 of 11

The time between the start of a macroeconomic problem and the general awareness that the problem exists is called the ______.

A. timing lag
B. recognition lag
C. action lag

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary

CFA® 2025 Level I Curriculum, Volume 1, Module 3.