What Is One of the Advantages of Monetary Policy Over

question 5

Multiple Choice

What is one of the advantages of monetary policy over fiscal policy?

• A) its control over the size of Federal budget deficits
• B) the quickness with which it can be used
• C) the opportunity for broad political influence
• D) It can guarantee an expansion of aggregate demand when needed.

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Definitions:

Historical Significance

The importance or impact that an event, figure, or invention has had in shaping history and influencing future developments.

Woodrow Wilson

The 28th President of the United States, serving from 1913 to 1921, known for leading the country through World War I and advocating for the League of Nations.

Trusts

Companies combined to limit competition.