The Federal Reserve plays a larger role than Congress and the president in stabi

Question

The Federal Reserve plays a larger role than Congress and the president in stabilizing the economy because the Federal Reserve can immediately recognize when real GDP is below or above potential GDR the Federal Reserve can more quickly change monetary policy than the president and the Congress can change fiscal policy changes in interest rates have a considerably larger effect on the economy than changes in government purchases or taxes. changes in interest rates have their full effect on the economy in a short period of time, whereas changes in government spending and taxes have their full effect over a long period of time.

Explanation / Answer

B. Fedral reserve can change monetary policy more quickly then president and congrss can change fiscal policy.

and if there is option of more than one option is correct than option D is also correct.

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