Fiscal policy is quicker to implement than monetary policy, as with fiscal policy, changes can be done immediately by the government, whereas with monetary policy, it takes time to change interest rates in financial markets.

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Quizplus · Accepted Answer

Fiscal policy, which involves government spending and taxation, often requires legislative approval, making it slower to implement compared to monetary policy, which is managed by central banks and can adjust interest rates and other financial instruments more rapidly.

Fiscal Policy Is Quicker to Implement Than Monetary Policy, as with Fiscal