Which of the following is NOT a cost of using fiscal or monetary policy to address a jobless recovery?

Question

Quizplus · Accepted Answer

Lower interest rates encouraging consumers to increase spending is not a cost, but rather a benefit of using monetary policy to address a jobless recovery. A jobless recovery is characterized by economic growth without a decrease in unemployment, and policies aimed at increasing aggregate demand can help to reduce unemployment levels. However, expansionary monetary policy can lead to inflation in the long run, government spending may crowd out private sector spending, and tax cuts and government spending increases can contribute to an increase in the national debt.

Which of the Following Is NOT a Cost of Using