Which of the following accurately compares discretionary fiscal policy and monetary policy? a) They both directly impact the aggregate demand, while only monetary policy can ever affect the aggregate supply in the economy. b) They both suffer from a lag between the problem, its recognition, and the impact of a policy remedy. c) Monetary policy can be very controversial, while discretionary fiscal policy is generally not subject to politics. d) Fiscal policy deals with the amount of currency available, while monetary policy is made up of government spending and taxing. e) Fiscal policy deals with aggregate supply, and monetary policy addresses aggregate demand.

Which of the following accurately compares discretionary fiscal policy and monetary policy? a) They both directly impact the aggregate demand, while only monetary policy can ever affect the aggregate supply in the economy. b) They both suffer from a lag between the problem, its recognition, and the impact of a policy remedy. c) Monetary policy can be very controversial, while discretionary fiscal policy is generally not subject to politics. d) Fiscal policy deals with the amount of currency available, while monetary policy is made up of government spending and taxing. e) Fiscal policy deals with aggregate supply, and monetary policy addresses aggregate demand.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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