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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 ______.
B. recognition lag
C. action lag
A. timing lag
B. recognition lag
C. action lag
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Edward Liu
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.