Fiscal Policy Generally Has a _______ Direct Impact Than Monetary

question 49

Multiple Choice

Fiscal policy generally has a _______ direct impact than monetary policy on the economy, and the formulation and implementation of fiscal policy is ______ than that of monetary policy.

• A)more; quicker
• B)more; slower
• C)less; quicker
• D)less; slower

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Definitions:

Alternative Hypothesis

The hypothesis in a statistical test that proposes a difference or effect, opposing the null hypothesis, and is considered true if the null hypothesis is rejected.

Alternative Hypothesis

A statement that proposes a new theory or relationship, typically suggesting that there is a statistically significant effect or association between variables.

P-value

The likelihood of achieving outcomes as significant as, or more so than what was actually observed in the study, assuming the null hypothesis is true.

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, proposed when the null hypothesis is expected to be rejected.