Which of the Following Is a Problem in Pursuing Monetary

question 152

Multiple Choice

Which of the following is a problem in pursuing monetary policy?

• A)The lag between a change in the quantity of money and its effect on economic activity may be long.
• B)Monetary policy must be approved by the Congress.
• C)The Fed must reveal to the public anytime the Fed changes its policy.
• D)The Fed cannot control the federal funds rate.
• E)None of the above answers is correct.

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Definitions:

Illegal

Activities or actions that are forbidden by law and subject to penalties.

Lack of License

The absence of a required legal permit or authorization to perform a certain activity or business.

Enforcement

The act of compelling compliance with a law, regulation, agreement, or ruling, often by a governing body or authoritative entity.

Work-Related Contracts

Agreements that are specifically tied to employment or professional services between two or more parties.