What Is One of the Advantages of Monetary Policy Over

question 193

Multiple Choice

What is one of the advantages of monetary policy over fiscal policy?

• A)its control over the size of Federal budget deficits
• B)the quickness with which it can be used
• C)the opportunity for broad political influence
• D)its domination of major sectors of the economy

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Definitions:

Bureaucratic Ritualism

Involves bureaucrats becoming so preoccupied with rules and regulations that they make it difficult for the organization to fulfill its goals.

Dehumanization

Occurs when bureaucracies treat clients as standard cases and personnel as cogs in a giant machine. This treatment frustrates clients and lowers worker morale.

Bureaucratic Ritualism

A phenomenon within bureaucracies characterized by a strict adherence to rules and procedures to the extent that the original objectives of the organization are undermined or lost.

Group Inequalities

Disparities between different social groups in access to resources, opportunities, and rights, often rooted in historical, economic, or social factors.