During periods of slow growth, the Federal Reserve will likely

[MirandaLo]

Question 1

The implementation lag for monetary policy tends to be much shorter than for fiscal policy for all of the following reasons 
except

◦ fiscal policy changes requires both houses of Congress and the President to act.
◦ monetary changes only require the Fed to act.
◦ fiscal policy usually requires committee hearings in both houses of Congress.
◦ fiscal policy changes only require the Fed to act.

Question 2

During periods of slow growth, the Federal Reserve will likely

◦ increase the money supply to increase interest rates.
◦ increase the money supply to decrease interest rates.
◦ decrease the money supply to increase interest rates.
◦ decrease the money supply to decrease interest rates.

[mmpiza]

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[MirandaLo]

Thanks for the timely response, appreciate it

[bigcheese9]

Gracias!