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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Related Book For
Fundamentals Of Economics
ISBN: 9781133956105,9781285531847
6th Edition
Authors: William Boyes, Michael Melvin
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