Which of the following is considered an advantage of monetary policy compared to ﬁscal policy?
A) It is blunter and more politically obvious than ﬁscal policy.
B) It does not have any of the time lags of ﬁscal policy.
C) It is relatively isolated from political pressure.
D) It is cyclically asymmetrical.

Question

Quizplus · Accepted Answer

Monetary policy is often controlled by independent central banks, which are less subject to political pressure and can make decisions based on economic data and goals rather than political considerations. Fiscal policy, on the other hand, is often subject to political negotiation and can be influenced by a variety of factors, including interest groups and election cycles.

Which of the Following Is Considered an Advantage of Monetary