Which of the Following Is an Advantage of Monetary Policy

question 74

Multiple Choice

Which of the following is an advantage of monetary policy?

• A)It is faster to implement than fiscal policy.
• B)It acts more directly upon aggregate demand than fiscal policy.
• C)It is not subject to multiplier effects.
• D)It is unlikely to create inflation.

---

Definitions:

Revised Article 3

refers to updates or modifications made to Article 3 of a specific statute or code, which often deals with negotiable instruments like checks and promissory notes.

Indorsement

The act of signing the back of a negotiable instrument, such as a check, thus transferring the rights to another party.

Indorsee

A person or entity to whom the rights under a negotiable instrument, such as a check or promissory note, have been legally transferred.

Enforce

To compel observance of or compliance with a law, rule, or obligation.