Unlike monetary policy, fiscal policy does not experience policy lags

Indicate whether the statement is true or false

FALSE

Economics

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If the nominal interest rate is above its equilibrium value, then

A) the demand curve for money shifts rightward and the interest rate rises. B) the demand curve for money shifts leftward and the interest rate falls. C) people sell financial assets and the interest rate falls. D) the supply curve of money shifts leftward and the interest rate rises. E) people buy financial assets and the interest rate falls.

Economics

Which of the following is most likely the most beneficial form of monopoly advantage?

A) better production methods B) input hoarding C) decreasing returns to scale D) government protection

Economics