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Basic Question 4 of 11
It is probably easier to use monetary policy than fiscal policy. Why?
II. Monetary policy has smaller implementation lags.
III. Monetary policy has smaller outside lags.
IV. There are fewer forecasting uncertainties with monetary policy.
I. Monetary policy has smaller recognition lags.
II. Monetary policy has smaller implementation lags.
III. Monetary policy has smaller outside lags.
IV. There are fewer forecasting uncertainties with monetary policy.
User Contributed Comments 10
| User | Comment |
|---|---|
| zeiad | what is the Different between Monetray policy and fiscal policy |
| reganbaha | MP inc or dec money supply FP inc or dec taxes and govt spending etc. |
| YOUCANDOIT | remember that: change in budget due to Act of Congress => "discretionary fiscal policy" change in budget due to change in GDP => "automatic fiscal policy" |
| gill15 | Its not possible to not know the difference unless you skipped the first 6 sections of the chapter... |
| Shaan23 | Zeiad must be randomly selecting questions. |
| ldfrench | Better tell, zeiad, to "BUG OFF" becuz we don't tolerate any slackerz around here, right u guyz?! |
| Inaganti6 | zeiad is trolling haha |
| maryprz14 | zeiad; SERIOUSLY??!! |
| dbedford | What is this webisite for? |
| khalifa92 | all hail spaghetti monster |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary
CFA® 2025 Level I Curriculum, Volume 1, Module 3.