Multiple Choice
Monetary policy is thought to be
A) equally effective in moving the economy out of a depression as in controlling demand-pull inflation.
B) more effective in moving the economy out of a depression than in controlling demand-pull inflation.
C) more effective in controlling demand-pull inflation than in moving the economy out of a recession.
D) only effective in moving the economy out of a depression.
Correct Answer:
Verified
Correct Answer:
Verified
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