Use the table below to answer the following question.PriceQuantity Supplied$101089684726Over the $8 to $6 price range, supply is

In Table 1, Tony's income elasticity of demand for pizzas is

A) 0. B) less than zero. C) greater than 1.0. D) 1.0.

The effect time lag of fiscal policy refers to

A) the time needed for Congress to enact a policy. B) the delay in recognizing an economic problem. C) the time between the onset of a policy and when the policy has impact on the economy. D) the difficulty in getting the President and the Congress to agree on an appropriate policy.