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:
Education in every sense is one of the fundamental factors of development. ... Education raises people's productivity and creativity and promotes entrepreneurship and technological advances....In addition it plays a very crucial role in securing economic and social progress and improving income distribution.
