One of the Difficulties in Implementing Monetary Policy Is the Time

question 110

Multiple Choice

One of the difficulties in implementing monetary policy is the time it takes:

• A) to pass new monetary policy once the Fed has decided action is needed.
• B) monetary policy to have an effect in the economy once enacted.
• C) to enact monetary policy once the Fed has decided action is needed.
• D) to get approval from the Congress to implement the policy.

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