If multiplier effects are ____ than policy makers expect or the natural rate of real output is _____ than expected, monetary policy will tend to overshoot its intended effects.

Question

Quizplus · Accepted Answer

If multiplier effects are greater than policy makers expect or the natural rate of real output is less than expected, monetary policy will tend to overshoot its intended effects.

If Multiplier Effects Are ____ Than Policy Makers Expect or the Natural