The time it takes for the Fed or government policymakers to enact policies to correct unemployment or inflation problems is a source of which lag?

Saving time by driving faster is an example of a ________ of driving faster. Increasing the severity of injuries from a potential accident due to driving faster is a(n) ________ of driving faster

A) nominal cost; real cost B) normative benefit; opportunity cost C) marginal benefit; marginal cost D) marginal cost; nominal cost

Structural unemployment refers to short periods of unemployment needed to match jobs and job seekers

a. True b. False Indicate whether the statement is true or false