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Monetary policy: A. is less hampered by the political process than fiscal policy. B. works well only if it is well coordinated with fiscal policy

Monetary policy: A. is less hampered by the political process than fiscal policy. B. works well only if it is well coordinated with fiscal policy efforts. C. has been proven to be an ineffective tool in controlling business cycles. D. can be made more effective with the presence of a liquidity trap

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