Monetary Policy Has the Following Advantage(s) Over Fiscal Policy

question 93

Multiple Choice

Monetary policy has the following advantage(s) over fiscal policy:

• A) it is less influenced by politics.
• B) it can be implemented faster.
• C) it can usually be fine-tuned.
• D) all of the answers given are correct.

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Definitions:

Preconventional

A stage in moral development where individuals' moral reasoning is based primarily on the consequences of their actions to themselves.

Stage of Morality

Refers to levels of moral development individuals go through as they progress in making ethical decisions.

Self-interest

The focus on one's own advantage and well-being without necessarily considering the impact on others.

Stage of Morality

Concept in moral development theory that classifies individuals' reasoning about ethical and moral issues into distinct levels or stages.