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Home Q & A Board Other Fields Homework Help Business Economics
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johnpaul92 johnpaul92
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8 years ago
A problem with the use of aggregate demand management to stabilize the business cycle is that
A) fiscal policy takes a long time to have any impact on the economy.
B) monetary policy is difficult to use, because the decision-making process is long and complicated.
C) monetary policy isn't available to use when interest rates are already rising because of higher inflation.
D) the precise amount that output will change in response to monetary or fiscal policy isn't known.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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