Recognition lag is a term used by economists to identify the time it takes to . Select the correct answer below: to shift the economy back onto an expansionary track to shift the economy back onto an contractionary track determine that a recession has occurred to have an effect on the recession FEEDBACK Content attribution- Opens a dialog

Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u. s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.