Traditional Keynesians tend to favor a. monetary policy over fiscal p

Traditional Keynesians tend to favor

a. monetary policy over fiscal policy because of the effectiveness of central banks.
b. monetary policy over fiscal policy because it reduces interest rates..
c. fiscal policy over monetary policy because it doesn’t impact interest rates.
d. fiscal policy over monetary policy because of the liquidity trap.
e. none of the above.

 

ANSWER

D

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