Poorly Timed Discretionary Policy Can Do More Harm Than Good

question 53

Multiple Choice

Poorly timed discretionary policy can do more harm than good.Getting the timing right with fiscal policy is generally

• A)less difficult than with monetary policy.
• B)far less difficult than with monetary policy.
• C)more difficult than with monetary policy.
• D)about the same difficulty as with monetary policy.

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Definitions:

Benzophenone

A compound used in organic synthesis and as a photoinitiator, characterized by a central benzene ring bonded to two carbonyl groups.

Triphenylmethanol

A white crystalline solid organic compound, used often as an intermediate in the synthesis of other chemicals.

Toluene

A flammable liquid hydrocarbon that is extracted from coal tar and petroleum, used as a solvent and chemical feedstock.

Organic Product

A compound containing carbon atoms, often derived from living organisms or synthesized in laboratories.