Because of its devastating effects, the temptation to use monetary policy for short-run gain is easy to resist for governments around the world.

Name: Because of its devastating effects, the temptation to use monetary policy for short-run gain is easy to resist for governments around the world.
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Question

Quizplus · Accepted Answer

The statement is incorrect. In reality, governments often succumb to the temptation of using monetary policy for short-run gain, even though it can have negative long-term consequences.

Because of Its Devastating Effects, the Temptation to Use Monetary