Which of the Following Makes It Difficult for Monetary Policy-Makers

question 321

Multiple Choice

Which of the following makes it difficult for monetary policy-makers to institute policy changes in a manner that will promote economic stability?

• A) Monetary policy-makers do not have sufficient tools to alter the supply of money.
• B) The time lags between changes in monetary policy and when the changes exert an impact on output and prices are long and variable.
• C) Monetary policy is unable to alter short-term interest rates.
• D) Even though monetary policy can alter interest rates, there is little evidence that interest rates influence the demand for and prices of housing.

Recognize the goals of persuasive communication in various contexts.

Identify the characteristics of most persuasive messages.

Distinguish between the approaches used in persuasive claims and adjustments.

Describe the strategies for writing persuasive messages for actions, claims, or adjustments.

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Definitions:

Laws

Systematized rules created and enforced through social or governmental institutions to regulate behavior.

Wealthy

Having a substantial amount of money, assets, or resources; rich.

Nationalizing

The process by which a government takes control of a privately owned company or industry, often to assert greater control over the economy.

Product-Safety Liability

Refers to the legal obligation of manufacturers, distributors, and retailers to produce and sell products that are safe and free from defects that could harm consumers.