Monetary policy is often more effective than fiscal policy because It is blunter and more politically obvious than fiscal policy. O It has zero time lag. It is relatively isolated from political pressure. O It is cyclically symmetrical.

Monetary policy is often more effective than fiscal policy because It is blunter and more politically obvious than fiscal policy. O It has zero time lag. It is relatively isolated from political pressure. O It is cyclically symmetrical.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical

Section: Chapter Questions

Problem 2E

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Question

Monetary policy is often more effective than fiscal policy because
It is blunter and more politically obvious than fiscal policy.
O It has zero time lag.
O It is relatively isolated from political pressure.
O It is cyclically symmetrical.

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