Time lags associated with policy decision making and implementation suggest that______.a.increases in spending to fight a recess
ionary gap may occur too early.b.increases in spending to fight a recessionary gap may occur too late.c.increases in spending to fight a recessionary gap can be timed correctly.d.most information is old before the public is aware of it.
B) increases in spending to fight a recessionary gap may occur too late.
Explanation:
Time lags refers to the time that passes between making a decision and implementing the decision. For example, the FED announces its intention to increase or decrease their interest rate with a lot of anticipation, and sometimes it would be better if they just did it.
Politicians are famous for talking a lot and doing very little, and that happens in every country in the world. During recessions words aren't needed, actions are needed. The problem is that many times words are abundant and actions are scarce. A small problem that is not dealt swiftly and properly can become a huge problem.
The Securities Act of 1933 requires the registration of all the securities issued and sold ob public markets. This act had some exemptions:
private offerings (if the securities were offered to a certain group of persons and/or institutions)
offerings of a limited size: a very small issuance would be excluded, but remember that $5 million of 1933 are equivalent to more than $98 million today (average annual inflation of 3.48%)
securities issued by government entities
securities issued on intrastate offerings (only traded within a given state)
Based on the information provided within the question it can be said that the best test to give an individual in this scenario would be a Work sample tests. These are tests that have been specifically designed in order to see if an individual has the ability to do an assigned job and then be able to evaluate their performance. This evaluation will give the employer an idea of how they will perform in the actual job position.