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"Economists Have Generally Come to Agree That Monetary Policy Is

Question 96

Multiple Choice

"Economists have generally come to agree that monetary policy is better suited than fiscal policy for controlling GDP" because


A) money is neutral and therefore changes affect real income but not prices.
B) fiscal spending and tax changes affect the economy less than changes in the money supply.
C) the Fed can make decisions quickly,Congress and the President more slowly.
D) Congress can make decisions quickly,the Fed more slowly.

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