Monetary Policy Differs from Fiscal Policy in That

question 36

Multiple Choice

Monetary policy differs from fiscal policy in that

• A)it has to be exercised by the legislature.
• B)the policy goals are very different.
• C)it is a slower process than fiscal policy.
• D)it can be implemented more quickly than fiscal policy.
• E)None of these answers is correct.

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Definitions:

Function

In the field of mathematics, a relation is a connection between a set of inputs and a possible set of outputs where every input corresponds to precisely one output.

Parabola

A symmetrical plane curve formed by the set of all points equidistant from a fixed point (focus) and a fixed straight line (directrix).

Upward

Directed or moving towards a higher place or position.

Downward

Describes the direction that is towards a lower position or level.