Monetary policy is often more effective than fiscal policy because O It is blunter and more politically obvious than fiscal policy. O It has zero time lag. It is relatively isolated from political pressure. O It is cyclically symmetrical.

Monetary policy is often more effective than fiscal policy because O It is blunter and more politically obvious than fiscal policy. O It has zero time lag. It is relatively isolated from political pressure. O It is cyclically symmetrical.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter15: Monetary Policy

Section: Chapter Questions

Problem 17QP

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Question

Monetary policy is often more effective than fiscal policy because
It is blunter and more politically obvious than fiscal policy.
O It has zero time lag.
O It is relatively isolated from political pressure.
O It is cyclically symmetrical.

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