One of the strengths of monetary policy relative to fiscal policy is that monetary policy:
A. can be implemented more quickly.
B. is subject to closer political scrutiny.
C. does not produce a net export effect.
D. entails a larger spending income multiplier effect on real GDP.
A. can be implemented more quickly.
Economics
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The assumption of short-run price stickiness implies:
a. that we must adjust nominal quantities for changes in inflation. b. that we must always allow for unexpected inflation. c. that expected inflation is zero and nominal quantities are the same as real. d. a balanced budget.
Economics
Is the number of sellers in the market the only thing that is different in each of the four market types economists study?
What will be an ideal response?
Economics