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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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Craig Baugh

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® 2024 Level I Curriculum, Volume 1, Module 3.