Multiple Choice
The policy effectiveness lag refers to the time it takes for:
A) the government to make up its mind about what to do.
B) the government to discover the fluctuation in the economy.
C) the economy to get back to full employment.
D) the policy response to impact on economic activity.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Monetary targeting was abandoned in Australia because:<br>A)
Q4: Under a fixed exchange rate system, an
Q6: The Australian inflation rate was:<br>A) the highest
Q8: To influence the cash rate, the RBA:<br>A)
Q9: Today Australia has:<br>A) a floating exchange rate.<br>B)
Q10: The RBA believes that by keeping inflation
Q11: According to Keynes:<br>A) monetary policy acts directly
Q12: Countercyclical macroeconomic policy is favoured by:<br>A) Keynesian
Q25: Since classical economists believe that both V
Q128: If M stands for the money supply,