An advantage of monetary policy compared to fiscal policy is:
A) speed.
B) flexibility.
C) insulation from political decision-making.
D) all of the above.

Question

Quizplus · Accepted Answer

Monetary policy, typically managed by a country's central bank, can be adjusted more quickly and flexibly than fiscal policy, which involves government spending and taxation decisions that often require legislative approval. Additionally, monetary policy is generally less influenced by political considerations, allowing for more objective decision-making based on economic conditions.

An Advantage of Monetary Policy Compared to Fiscal Policy Is