Which one of these would be the most accurate statement?
a. There was a very short fiscal policy decision lag in 2008
b. There was virtually no fiscal policy impact lag in 2008
c. In 2008 rebate checks were sent out within weeks after the beginning of the economic slowdown
d. President George W. Bush and the leaders of Congress were very slow to act after recognizing that there was an economic slowdown in early 2008
Answer: A