An advantage monetary policy has over fiscal policy is that monetary policy
A) can be quickly changed and implemented.
B) is coordinated with fiscal policy.
C) is approved by the president of the United States.
D) affects consumption expenditure and investment without impacting international trade.
E) has no multiplier effects.
A
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Does an increase in the demand for Introductory Economics increase the cost to students of taking the course?
A) No, because tuition rates are not set to clear the market. B) Not if the college refuses to hire additional people to teach the course. C) Yes, if the course is consequently taught in a larger room, which costs more to heat. D) Yes, insofar as students have to accept less satisfactory class schedules in order to take the course.
Buying electricity off the freewheeling grid at one quarter 'til the hour for delivery on the hour illustrates:
a. relational contracts with distributors b. vertical requirements contracts c. spot market transactions d. variable price agreements