An advantage of monetary policy over fiscal policy is the:
A. decisions are made by politicians, not experts in finance, banking, and monetary policy.
B. decision makers are under political pressures.
C. decision makers cannot change and enact policy quickly.
D. decisions are made by experts who are independent of political pressures.
D. decisions are made by experts who are independent of political pressures.
You might also like to view...
Which of the following is closest to the future value of a $4,000 deposit earning 2 percent interest annually after 10 years?
A. $4,122 B. $4,876 C. $5,025 D. $4,805
Most spells of unemployment are long, and most unemployment observed at any given time is long-term
a. True b. False Indicate whether the statement is true or false
Which statement is true?
A. Usury laws hurt some borrowers, but don't interfere with the price mechanism. B. Usury laws hurt some borrowers and interfere with the price mechanism. C. Usury laws interfere with the price mechanism, but don't hurt borrowers. D. Usury laws neither interfere with the price mechanism, nor hurt borrowers.
If grazing land is used by all individuals on a free open range, they will operate until the
A. AP of the land equals the opportunity cost of the input. B. TP of the land equals the opportunity cost of the input. C. MP of the land equals the opportunity cost of the input. D. MP of the land is larger than the opportunity cost of the input.