A recognition lag happens because: a. it is difficult to determine when the economy is turning up or down. b. it takes time to recognize the true long-run growth rate in the economy. c. in most nations, one or more governing bodies must approve government spending or new tax policies. d. it takes time for the complete effects of monetary and fiscal policy to materialize. e. it is difficult to recognize what the unemployment rate is.

Each container is cut from the mould once the plastic has cooled and hardened. unit-level 2 patents are obtained for each new type of container mould. facility-level 3. plastic resins are used as the main direct material for the containers. product-level 4. a plant manager oversees the entire manufacturing operation. facility-level 5. the sales force incurs travel expenses to attend various trade shows throughout the country to market the containers. product-level 6. each container product line has a product line manager. product-level 7 the extrusion machine is calibrated for each batch of containers made. facility-level 8. each type of container has its own unique moulds. unit-level 9. routine maintenance is performed on the extrusion machines. facility-level 10. rent is paid for the building that houses the manufacturing processes. classify each activity as either unit-level, batch-level, product-level, or facility-level.