Economists Who Believe That Monetary Policy Is More Potent Than

question 54

Multiple Choice

Economists who believe that monetary policy is more potent than fiscal policy argue that the:

• A)responsiveness of money demand to the interest rate is large.
• B)responsiveness of money demand to the interest rate is small.
• C)IS curve is nearly vertical.
• D)LM curve is nearly horizontal.

---

Definitions:

Design Defect

A flaw or error in the planning or engineering of a product that makes it unsafe or fails to perform its intended purpose.

Alternative Design's Effect

Refers to the impact that choosing a different design might have on the results or outcomes of a project or product.

Boat Designers

Professionals who specialize in creating the aesthetic and functional specifications of boats, considering factors such as safety, efficiency, and usability.

Design Defect

A flaw in the design of a product that makes it unsafe for its intended use.