Why might increasing taxes increasing taxes as a fiscal policy be a more difficult policy than the use of monetary policy to slow down an economy experiencing inflation?

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asked Mar 18, 2020 26.9k views

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Why might increasing taxes increasing taxes as a fiscal policy be a more difficult policy than the use of monetary policy to slow down an economy experiencing inflation?

Business
high-school

Mike Warren asked

by Mike Warren

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5 votes

Answer:

The legislative process experiences longer delays than monetary policy.

Step-by-step explanation:

Nick Ivanov answered Mar 23, 2020

by Nick Ivanov

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