A Recent Example of the Recognition Lag Came in the Form

A recent example of the recognition lag came in the form of it taking

A) several months in 2003 for Congress to agree on a tax cut package even after they had agreed on having one.
B) only a month or two from the passage of the 2003 tax cut to the issuance to rebate checks.
C) until Fall 2001 to recognize that the recession of 2001 had started in January 2001.
D) very little time for the effects of the 2003 rebate checks to have an effect on the economy.

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