Which of the Following Statements Is True

question 134

Multiple Choice

Which of the following statements is true?

• A) Unlike monetary policy, fiscal policy is not subject to lags.
• B) Like monetary policy, fiscal policy is also subject to the same types of lags.
• C) In general, fiscal policy lags are much shorter than monetary policy lags.
• D) Although both monetary and fiscal policies are subject to lags, fiscal policy lags are easier to eliminate.

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Definitions:

Achievement Orientation

A focus on setting and meeting high standards of performance.

Individualism

A belief system that advocates for individual liberties and actions rather than oversight by collective entities or the government.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often determining what is good or acceptable in society or a profession.

Myers-Briggs Type Indicator

A psychological assessment tool that categorizes individuals into personality types based on their preferences in perception and decision-making.