Asked by cookie☺

Why is the inside lag for monetary policy shorter than for fiscal policy?
A) Congress and the President can act quickly to change monetary policy.
B) The Federal Open Market Committee must get Congressional approval.
C) It can take a long time for new government spending to take effect.
D) The Federal Open Market Committee can act almost immediately.

(A)
Answered by Reed
Nope
Answered by Hawk
D) The Federal Open Market Committee can act almost immediately.
There are no AI answers yet. The ability to request AI answers is coming soon!