8. Which of the following is false? &a. In most developed countries, monetary and fiscal policies are

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8. Which of the following is false?

&a. In most developed countries, monetary and fiscal policies are conducted by separate independent agencies.

&b.Fiscal policy can impose an inflationary burden on monetary policy.

&c. In typical developing countries, monetary and fiscal policies are controlled by the same central authority.

&d.Using money to finance deficits has produced severe deflation in many countries.

&e. Monetary control is not possible until fiscal policy is under control.

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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