Results obtained from the Taylor model suggest that the output effects of a change in the money supply are greatest after approximately how long?
A) Three quarters.
B) Two years.
C) Five years.
D) One quarter.
E) One month.

Question

Quizplus · Accepted Answer

The Taylor model, which is a macroeconomic model, suggests that the effects of a change in the money supply on output are typically greatest after approximately three quarters.

Results Obtained from the Taylor Model Suggest That the Output