A major advantage of monetary policy over fiscal policy is that monetary
A. policy affects all sectors of the economy equally.
B. policy can be put into effect more quickly.
C. policy, once implemented, takes effect more quickly.
D. authorities see the need for policy more quickly.
Answer: B
You might also like to view...
Coins were minted with serrated edges: a. to make it obvious that they were made of cheap alloys. b. so that cheaper metals did not have to be used
c. to allow words to be printed on the border. d. to prevent the coins from being clipped. e. to make them jingle less when they rub together.
The future of the U.S as leader of the economic world:
a. is likely to continue for generations to come b. will be sustained in the next generation, but not beyond c. requires U.S. action in several critical economic areas d. requires a return of manufacturing to the U.S.
Which of the following are reasons that caused the Fed to abandon its practice of setting money supply targets?
I. expiration of the legislation requiring the Fed to do so II. banking deregulation in the 1980s allowing for MMDAs III. financial development of retail sweep programs A) IandIIonly B) II and III only C) I and III only D) I, II, and III
Refer to the above graph with three demand curves. An "increase in quantity demanded" would be illustrated by a change from:
a. Point 5 to point 1 b. Point 2 to point 5 c. Point 4 to point 6 d. Point 4 to point 1