An advantage monetary policy has over fiscal policy is that monetary policy
A)can be quickly changed and implemented.
B)is coordinated with fiscal policy.
C)is approved by the president of the United States.
D)affects consumption expenditure and investment without impacting international trade.
E)has no multiplier effects.

Question

Quizplus · Accepted Answer

Monetary policy can be quickly adjusted and implemented by the central bank, whereas fiscal policy often requires approval and implementation by legislative bodies, which can be a slower and more complex process.

An Advantage Monetary Policy Has Over Fiscal Policy Is That