I believe the answer is C, request for proposal (RFP), though feel free to correct me if I'm wrong
Answer:
FALSE
Explanation:
The operational lag of fiscal policy is the time gap between the adoption of a corrective measure and the perception of its effects on the economy. For example, in a recessionary context, analysts and the Fed have no difficulty predicting the economic problem, as there are statistical software and predictive models that can predict recessive economic scenarios. However, through economic policies, the government takes steps to reverse the recessive picture. By their nature, these policies demand a time between their adoption and their effect on the economy, which is operational lag.
Answer:
underground economy
Explanation:
Underground economy -
It is the economic transaction which is consider to be a form of illegal activity , which may be due to the goods and services or failure in transaction , is referred to as underground economy.
The example of underground economy is smuggling of goods , untaxed sale of the goods and services , untaxed labor etc.
Hence , from the given scenario of the question ,
The correct term is underground economy .
