The length of time before policymakers realize they need to intervene in the economy is called the
A) recognition lag.
B) implementation lag.
C) impact lag.
D) liquidity lag.
A
Economics
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Which of the following would tend to decrease the demand for carpenters?
a. An increase in the wages of carpenters. b. An increase in the price of houses. c. A decrease in the demand for houses. d. An increase in the supply of carpenters.
Economics
Taxes paid divided by total income is the
A. Marginal tax rate. B. Nominal tax rate. C. Horizontal tax rate. D. Effective tax rate.
Economics