Multiple Choice
Monetary policy
A) can be implemented quickly and most of its impact on aggregate demand occurs very soon after policy is implemented.
B) can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented.
C) cannot be implemented quickly, but once implemented most of its impact on aggregate demand occurs very soon after policy is implemented.
D) cannot be implemented quickly and most of its impact on aggregate demand occurs months after policy is implemented.
Correct Answer:
Verified
Correct Answer:
Verified
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