Which of the Following Is True

Multiple Choice

Which of the following is true?

A) ​Sometimes the Fed moves to partly offset or even neutralize the intended effects of fiscal policy changes.
B) ​If a consensus was reached between fiscal and monetary policy makers, you would not expect contractionary fiscal policy and expansionary monetary policy to be adopted at the same time.
C) ​If policymakers' timing is off, expansionary monetary policy could cause an inflation problem rather than reducing a high unemployment problem.
D) ​All of the above are true