One of the Strengths of Monetary Policy Relative to fiScal

question 15

Multiple Choice

One of the strengths of monetary policy relative to fiscal policy is that monetary policy

• A) can be implemented more quickly.
• B) is subject to closer political scrutiny.
• C) does not produce a net export effect.
• D) entails a larger spending income multiplier effect on real GDP.

---

Definitions:

Processed Further

Refers to additional operations or treatment applied to products beyond the initial production stages to enhance value or quality.

Intermediate Product

A product that requires further processing before it becomes a finished good.

Beet Juice

The liquid extracted from beetroot, often used as a natural colorant in food products, or consumed for its nutritional benefits.

Refined Sugar

Sugar that has undergone a process to remove impurities and unwanted components, resulting in pure, crystalline sucrose.