It Can Be ________ Difficult to Effectively Time Fiscal Policy

question 66

Multiple Choice

It can be ________ difficult to effectively time fiscal policy than monetary policy because ________.

• A)more; fiscal policy can be quickly decided and changed
• B)more; fiscal policy takes longer to implement
• C)less; monetary policy takes longer to decide and change
• D)less; monetary policy takes longer to implement

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Definitions:

Confidence

A feeling or belief in one's abilities, qualities, and judgment.

Collaborative Partnerships

Cooperative relationships between individuals or organizations aimed at achieving shared goals through working together.

Component

A part or element of a larger whole, especially part of a machine or system.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.