____________________________ will often cause monetary policy to be considered counterproductive because it makes it hard for the central bank to know when the policy will take effect?
A. Altering the discount rate
B. Reserve requirements
C. Long and variable time lags
D. Quantitative easing
Answer:C
____________________________ will often cause monetary policy to be considered counterproductive because it makes it hard for the central bank to know when the policy will take effect?
A. Altering the discount rate B. Reserve requirements C. Long and variable time lags D. Quantitative easing
Explanation: Type: Multiple Choice