Multiple Choice
The implementation lag for fiscal policy is longer than for monetary policy because
A) it takes longer for the Fed to act than Congress.
B) it takes longer for Congress to act than the Fed.
C) fiscal policy changes more quickly affect behavior than monetary policy changes.
D) monetary policy changes more quickly affect behavior than than fiscal policy changes.
Correct Answer:
Verified
Correct Answer:
Verified
Q145: During periods of _ growth and inflationary
Q146: Other things equal, high interest rates increase
Q147: In general, fiscal policy has a longer
Q148: If you buy a bond from a
Q149: Fiscal policy and monetary policy have a
Q151: Wealth and consumption rise when there is
Q152: Between the second quarter of 2006 and
Q153: If the stock market crashes, investment will
Q154: From 2007 to 2009, the federal deficit
Q155: Refer to the information provided in Figure