Because Monetary and Fiscal Lags Are Long and Variable

question 97

Multiple Choice

Because monetary and fiscal lags are long and variable:

• A) stronger policies must be used.
• B) successful stabilization policy is completely impossible.
• C) attempts to stabilize the economy are often destabilizing.
• D) policy must be completely passive.

---

Definitions:

Association Areas

Regions of the brain that integrate sensory and motor information, involved in higher mental functions such as learning, thinking, and creativity.

Association Areas

Regions of the brain that integrate information from different sensory inputs and are involved in higher mental functions like learning, thinking, and memory.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions like consciousness, thought, emotion, reasoning, language, and memory.

Occipital Lobe

The region of the brain located at the back of the head, responsible for processing visual information.