Economics B A-Level
Decision lag
What Decision lag means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Decision lag
Check what you remember
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Reference: Pearson Edexcel
The time required to formulate and pass policy, especially fiscal measures.
Topics that use Decision lag
- Demand-side policies (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Demand-pull inflation
- Fiscal policy
- Investment
- Macroeconomic equilibrium
- Macroeconomic objectives
- Monetary policy
- Policy conflicts
Using Decision lag in the exam
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