Suppose policy makers are concerned about a shortage of long-term capital investment. To remedy the problem, various plans to cut capital gains taxes have been suggested. The delay in picking a plan is called the _____
a. implementation lag
b. policy coordination problem
c. decision-making lag
d. recognition lag
e. effectiveness lag
c
Economics
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The term "free riders" refers to people who:
A) selflessly pay for others' consumption of goods and services. B) make economic decisions randomly and are not rational. C) haggle over the prices of the goods and services that they buy. D) don't contribute but still benefit from others' actions.
Economics
Land includes all of the following except
a. a virgin forest b. natural-state real estate c. oil under the oceans d. deposits of copper e. an irrigation system
Economics