90.9k views
4 votes
Once the government passes a bill to respond to a recession, it takes some time to disperse the funds to the appropriate agencies to start the programs. Economists call this time to start the projects the _________________.

User Pingolin
by
6.8k points

1 Answer

4 votes

Answer: implementation lag

Step-by-step explanation:

The implementation lag is Implementation lag is the delay between an macroeconomic event that has an adverse effect on the economy and the implementation of either a fiscal or a monetary policy to correct the situation by the central bank or the government.

Once the government passes a bill to respond to a recession, it takes some time to disperse the funds to the appropriate agencies to start the programs. Economists call this time to start the projects the implementation lag.

User ChrisAdkin
by
6.3k points