Question

In: Economics

Which of the following statements would you say best reflects monetary policy? a. It is a...

Which of the following statements would you say best reflects monetary policy?

a. It is a lot like gambling because the outcomes are most of the time uncertain.

b. There is certainly some science involved, a lot of understanding that is needed, but a lot of uncertainty still remains.

c.It is a hard and fast science.

d. It is a hard and fast science.

Solutions

Expert Solution

b. There is certainly some science involved, a lot of understanding that is needed, but a lot of uncertainty still remains.

Monetary policy is more targeted than fiscal policy


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