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Q: 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: The answer is fiscal policy is created by Congress and the President which is very slow. While monetary policy is controlled by the Fed which can act quickly and decisively. So C would be the best answer in my opinion.
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Original conversation
User: 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.

Weegy: The answer is fiscal policy is created by Congress and the President which is very slow. While monetary policy is controlled by the Fed which can act quickly and decisively. So C would be the best answer in my opinion.
my-childish-fears|Points 0|

User: 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.

Weegy: The answer is fiscal policy is created by Congress and the President which is very slow. While monetary policy is controlled by the Fed which can act quickly and decisively. So C would be the best answer in my opinion.
my-childish-fears|Points 0|

User: Approximately how much total income did a family of four need to have to be considered above the poverty line in 2006? A. $11,275 B. $14,500 C. $16,530 D. $20,000

Weegy: D. $20,000
may100|Points 2416|

User: Which of the following is an example of money as a unit of account? A. purchasing a remote-controlled toy on sale for $8.99 B. lending your best friend $25.00 to buy a guitar C. opening a savings account at a bank that pays high interest D. comparing camera prices at different store before buying one

Weegy: D. comparing camera prices at different store before buying one
rajik|Points 78|

User: What is an example of a positive external shock to aggregate supply? A. Good weather leads to an unusually productive harvest for corn farmers. B. A popular new diet encourages consumers to buy more corn flakes. C. Demand for new suburban houses increases the value of farmland. D. China announces that it plans to import more corn from the United States.

Weegy: A. Good weather leads to an unusually productive harvest for corn farmers.
drsyed19|Points 470|

User: What is the main problem for people on a fixed income during a period of chronic inflation? A. Their income will not increase, so their purchasing power falls. B. They have to ask for an increase in wages to match inflation. C. Their investments will not pay as much interest. D. They have to wait for the government to react to the crisis.

Weegy: A. Their income will not increase, so their purchasing power falls is the answer.
OxTornado007|Points 6859|

User: The main job of the Office of Management and Budget is to A. prepare Congressional appropriations bills. B. create the federal budget based on the needs of various agencies. C. coordinate the work of Congressional committees in order to create a budget bill. D. approve or disapprove the federal budget proposed by Congress.

Weegy: B. create the federal budget based on the needs of various agencies.
cham718|Points 607|

User: What is one of the major problems caused by a high national debt? A. It prevents the federal government from balancing the budget. B. Money spent on servicing the debt causes prices to rise. C. It prevents foreign governments from investing in U.S. businesses. D. Money spent on servicing the debt cannot be spent on other things.

Weegy: D. Money spent on servicing the debt cannot be spent on other things.
scijoe21|Points 2275|

User: How does the expenditure approach calculate GDP? A. It adds up all the incomes in the economy. B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and services. D. It adds up the value of consumer goods and services.

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Asked 5/25/2013 1:44:52 PM
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