The Implementation Lag for Monetary Policy Tends to Be Much

question 50

Multiple Choice

The implementation lag for monetary policy tends to be much shorter than for fiscal policy for all of the following reasons EXCEPT

• A)fiscal policy changes requires both houses of Congress and the President to act.
• B)monetary changes only require the Fed to act.
• C)fiscal policy usually requires committee hearings in both houses of Congress.
• D)fiscal policy changes only require the Fed to act.

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