Even Though Monetary Policy Is Neutral in the Short Run

question 144

True/False

Even though monetary policy is neutral in the short run, it may have profound real effects in the long run.

---

Definitions:

SEP Plans

Simplified Employee Pension (SEP) plans are retirement accounts that allow employers to make contributions towards their own and their employees' retirement savings.

Nondiscrimination Rules

These are regulations ensuring that certain benefits, rights, and programs are equally available to all members of an organization or society, without biased treatment based on race, gender, disability, etc.

IRS Tables

Charts and tables provided by the Internal Revenue Service that help taxpayers determine the amount of tax they owe or their eligibility for credits and deductions.

Dual Life Annuity

An insurance product that provides pension benefits to two individuals, usually partners, and continues payments until both have passed away.