Which of the Following Is Not True About Monetary Policy

Multiple Choice

Which of the following is not true about monetary policy?

A) Contractionary monetary policy is often more effective at reducing the rate of economic growth than expansionary monetary policy is at increasing the rate of economic growth.
B) The burden of contractionary monetary policy is not spread evenly among the population.
C) Contractionary monetary policy can reduce export earnings.
D) The full effect of monetary policy impacts the economy immediately, as unlike fiscal policy, monetary policy is not subject to time lags.