Meaning and Types of Lags in Monetary Policy: One of the limitations of monetary policy in countercyclical manner is the existence of time lags. It takes time for the monetary authority to realise the need for action and its recognition, and the taking of action and the effect of the action on economic activity.
Triceratops is a genus of herbivorous ceratopsid dinosaur that first appeared during the late Maastrichtian stage of the late Cretaceous period, about 68 million years ago (mya) in what is now North America. It is one of the last known non-avian dinosaur genera, and became extinct in the CretaceousâPaleogene extinction event 66 million years ago. The term Triceratops, which literally means three-horned face, is derived from the Greek ÏÏÎ¯- (tri-) meaning three, ÎºÎ­ÏÎ±Ï (kÃ©ras) meaning horn, and á½¤Ï (ops) meaning face.
Tortoises are a family, Testudinidae, of land-dwelling reptiles in the order Testudines. Tortoises are shielded from predators by a shell. The top part of the shell is the carapace, the underside is the plastron, and the two are connected by the bridge. The carapace is fused to both the vertebrae and ribcage, and tortoises are unique among vertebrates in that the pectoral and pelvic girdles are inside the ribcage rather than outside. Tortoises can vary in size from a few centimeters to two meter