Time Lags Make

question 22

Multiple Choice

Time lags make:

• A)fiscal policy more effective than monetary policy.
• B)monetary policy more effective than fiscal policy.
• C)correct use of both fiscal and monetary policy challenging.
• D)both fiscal and monetary policy more effective.

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Definitions:

Humanistic

Humanistic refers to a psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer but also through the eyes of the individual experiencing it.

Behavioral

Related to or based on observable actions or responses in organisms, often studied in psychology and sociology.

Gestalt Psychology

A theory of mind and brain positing that the operational principle of the brain is holistic, parallel, and analog, with self-organizing tendencies; or, the idea that the whole is greater than the sum of its parts.

Cognitive

Relating to mental actions or processes involved in gaining knowledge and comprehension, including aspects such as awareness, perception, reasoning, and judgment.