Question

Which of the following is NOT a point of contention between activist and nonactivist policy advocates regarding monetary policy?

A) Timing of Policy Intervention
B) Magnitude of Policy Changes
C) Central Bank Independence
D) Fiscal Policy Implementation

Answer 1

The correct answer is D) Fiscal Policy Implementation. The other options - A) Timing of Policy Intervention, B) Magnitude of Policy Changes, and C) Central Bank Independence - are all points of contention between activist and nonactivist policy advocates regarding monetary policy.

Step-by-step explanation:

The correct answer is D) Fiscal Policy Implementation. The other options - A) Timing of Policy Intervention, B) Magnitude of Policy Changes, and C) Central Bank Independence - are all points of contention between activist and nonactivist policy advocates regarding monetary policy. These points of contention generally revolve around disagreements about when and how monetary policy should be implemented, and the level of independence the central bank should have in making policy decisions. However, fiscal policy implementation, which involves the government's use of taxation and government spending to influence the economy, is not typically a point of contention between activist and nonactivist policy advocates regarding monetary policy.