Which of the Following Is Correct

question 168

Multiple Choice

Which of the following is correct?

• A)Policy lags are normally much shorter for fiscal policy than for monetary policy.
• B)Congress usually makes major fiscal policy changes in a fairly short period of time.
• C)Expenditure lags are much longer for investment, the main way in which monetary policy affects aggregate demand.
• D)Monetary policy affects aggregate demand more quickly than fiscal policy, such as tax or government spending changes.

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Definitions:

Asthma Diagnosis

The clinical identification of asthma, a chronic respiratory condition characterized by airway inflammation and difficulty breathing.

Asthma In Infants

A condition characterized by respiratory difficulties due to inflamed airways, often presenting as wheezing or coughing in infants.

Viral Infection

An infectious disease or condition caused by a virus, resulting in symptoms that vary widely depending on the virus type.

Exposure To Cold Air

The condition of being subjected to low environmental temperatures, which can trigger certain respiratory responses or discomfort.