What is one of the advantages of monetary policy over fiscal policy?
A)its control over the size of Federal budget deficits
B)the quickness with which it can be used
C)the opportunity for broad political influence
D)its domination of major sectors of the economy

Question

Quizplus · Accepted Answer

Monetary policy can be implemented more quickly than fiscal policy, as it only requires actions taken by the central bank, whereas fiscal policy relies on government legislation and budget processes which can take longer to enact.

What Is One of the Advantages of Monetary Policy Over