Monetary Policy Is Implemented to Ease the Up and Down

question 187

True/False

Monetary policy is implemented to ease the up and down swings of business cycles, while fiscal policy is implemented to create swings when the cycle is stalled in an economic boom.

---

Definitions:

Sporadic Short-term

Characterized by occasional, irregular bouts or occurrences over a brief duration.

Significant Short-term

Pertaining to events or effects that are important or noticeable, but last for a relatively brief period.

Subliminal Messages

Signals or messages embedded in other media, designed to pass below the normal limits of perception.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing most of the eye's focusing power.