Nowadays, most observers believe that monetary policy
A)is less important than fiscal policy.
B)is more important than fiscal policy.
C)and fiscal policy are equally important.
D)and fiscal policy are both unimportant.

Question

Quizplus · Accepted Answer

Monetary policy is often considered more important than fiscal policy in managing inflation and controlling economic cycles, as it can be adjusted more quickly and precisely than fiscal measures.

Nowadays, Most Observers Believe That Monetary Policy