Economists usually view ________ policy as having a longer implementation lag than ________ policy,but there is substantial uncertainty about how long this lag is.
A)fiscal; incomes
B)fiscal; monetary
C)monetary; incomes
D)monetary; fiscal

Question

Quizplus · Accepted Answer

Fiscal policy typically involves changes in government spending and taxation, which require legislative approval and can take time to implement. Monetary policy, on the other hand, can be adjusted more quickly by central banks through tools like interest rates.

Economists Usually View ________ Policy as Having a Longer Implementation