A Major Advantage of Monetary Policy Over Fiscal Policy Is

question 159

Multiple Choice

A major advantage of monetary policy over fiscal policy is that monetary

• A)policy affects all sectors of the economy equally.
• B)policy can be put into effect more quickly.
• C)policy, once implemented, takes effect more quickly.
• D)authorities see the need for policy more quickly.

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Definitions:

Apnea

A temporary cessation of breathing, especially during sleep.

Respiratory Distress Syndrome

A medical condition characterized by severe difficulty in breathing, often seen in premature infants due to underdeveloped lungs.

Pulmonary Ischemia

A condition where there is insufficient blood flow to the lungs, leading to reduced oxygen supply.

Ocular Albinism

Ocular albinism is a genetic condition characterized by a reduction or lack of pigment in the eyes, leading to visual problems such as reduced visual acuity and sensitivity to light.