According to the Complete Model, Fiscal and Monetary Policy Can

question 42

Multiple Choice

According to the complete model, fiscal and monetary policy can have

• A) immediate impact on both GDP and prices.
• B) delayed impact on both GDP and prices.
• C) immediate impact on prices and delayed impact on GDP.
• D) immediate impact on GDP and delayed impact on prices.
• E) either delayed or immediate impact on either GDP or prices, depending on circumstance.

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