Which of the Following Statements Is Most True Concerning Economic

question 58

Multiple Choice

Which of the following statements is most true concerning economic policy in the U.S.?

• A)Monetary policymakers tend to have a long view while fiscal policymakers tend to ignore the long-run inflationary ramifications of their actions
• B)Fiscal policymakers tend to focus on inflation and unemployment while monetary policymakers focus most of their attention on the money supply and the exchange rate
• C)Fiscal policymakers tend to focus more on pleasing their constituents and so are willing to sacrifice the short run for the long run
• D)Monetary policy is not independent of fiscal policy because Congress ultimately oversees both

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