When monetary policy becomes highly politicized, the policy tends to:
A. Become more effective at stabilizing the economy
B. Lose any effect at all on the economy
C. Become destabilizing, instead of promoting stability
D. Lead to rising budget surpluses
C. Become destabilizing, instead of promoting stability
Economics
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The government makes all economic decisions in a centrally planned economy
Indicate whether the statement is true or false
Economics
A furniture maker used to buy its wood, but has now bought the lumber company. How does this impact GDP?
A) It reduces it. B) It does not change. C) It increases it. D) We cannot tell.
Economics