One timing problem with fiscal policy to counter a recession is an "operational lag" that occurs between the:
A. end of the recession and the time it takes to recognize that the recession has ended.
B. time fiscal action is taken and the time that the action has its effect on the economy.
C. time the need for the fiscal action is recognized and the time that the action is taken.
D. start of the recession and the time it takes to recognize that the recession has started.
Answer: B
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