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.
I am thinking B
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OpenStudy (anonymous):
@angel12310
OpenStudy (anonymous):
@JAispuro42
OpenStudy (anonymous):
@Unspokenpanther
OpenStudy (anonymous):
it is either B or D
@rose21
OpenStudy (anonymous):
@JAispuro42 can you help me?
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OpenStudy (anonymous):
yeah give me a second.
OpenStudy (anonymous):
to be honest C. sounds more promising as an answer. but if its between A and B i would have to say B but that is if you are sure that you have narrowed those two down.
OpenStudy (anonymous):
@superpac what do you think?
OpenStudy (anonymous):
I'm leaning toward C
OpenStudy (anonymous):
Alrighty! I think I understand it now.
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