Even Though the Monetary Policy Is Very Quick Recognize and Respond

question 16

Multiple Choice

Even though the monetary policy is very quick recognize and respond to the coming of a recession than fiscal policy,it has proven in the 2000's to be less affective in avoiding or bring the economy out of the recession because

• A)Increased investment by the private sector has not been forthcoming in response to the reduction in interest rates.
• B)Consumers have tended to increase saving and decrease consumption.
• C)Our economy has increased imports during recessions.
• D)The government has imposed fiscal policy to counteract the monetary policy.

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