Comparing Monetary and Fiscal Policy

question 2

Multiple Choice

Comparing monetary and fiscal policy:

• A) fiscal policy has an advantage because it is faster to implement than monetary policy.
• B) fiscal policy is easier to implement.
• C) monetary policy is easier to implement.
• D) history has shown fiscal policy to be more effective at stabilization.

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Definitions:

Milk Runs

A delivery method in which a single vehicle collects goods from several suppliers in a single trip, improving efficiency and reducing transportation costs.

Supplier

A business or individual that provides goods or services to another entity, playing a crucial role in the supply chain.

Mumbai Railway

The urban railway system in Mumbai, India, which is one of the busiest commuter rail systems in the world.

Transportation

The movement of goods and people from one location to another using various modes such as trucks, trains, ships, and airplanes.