Why is monetary policy more flexible than fiscal policy?



Answer:
Because everything that goes through Congress takes forever and is always laden with hidden agendas...whereas monetary policy is quick and effective and the results are a lot more measurable...check out cato.org for all kinds of econ related info...
I think because monetary policy has to do with actions taken by the federal reserve bank. and fiscal policy decisions have to do with action taken by the federal government. I think its easier for the federal reserve bank to take action rather than the federal government. Good question. I'm not sure if that's right.
because monetary policy can be changed in the short term (ie change interest rate) whereas fiscal policy is a more long term commitment to spending and so cannot be changed so easily
I think because monetary policy has to do with actions taken by the federal reserve bank. and fiscal policy decisions have to do with action taken by the federal government

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