Which of the following is an advantage of monetary policy?
A)It is faster to implement than fiscal policy.
B)It acts more directly upon aggregate demand than fiscal policy.
C)It is not subject to multiplier effects.
D)It is unlikely to create inflation.

Question

Quizplus · Accepted Answer

Monetary policy can be implemented relatively quickly compared to fiscal policy, which often requires legislative action. This allows for a more timely response to changes in the economy.

Which of the Following Is an Advantage of Monetary Policy