GeoExplorer-as Geo Enjoy the ics for Elem Ed-ECO-102-W03 880 4 Assessments\', Co

Question

GeoExplorer-as Geo Enjoy the ics for Elem Ed-ECO-102-W03 880 4 Assessments', Communication', Resources D2L Help Left:0:45:45 Laurel Beranek: Attempt 1 Many economists and policy makers feel that discretionary fscal policy is no longer a useful tool for ending contractions in the business cycle because 1) Democrats and Republicans can never agree on anything O 2 )Monetary policy is a much stronger policy tool 3) Globalization has made domestic policies meaningless. 4) The average contraction is much shorter than the time needed to create and implement some new fscal policy 5

Explanation / Answer

4 is the correct option

Reason

Fiscal policies have a greater time lag than the monetary policies, so monetary tools come handy in most of the times.

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