NO.PZ2023071902000050
问题如下:
QuestionProduct differentiation is most significant under which of the following market structures?
选项:
A.Fiscal policy only
B.Monetary policy only
C.Both fiscal policy and monetary policy
解释:
Solution
- Incorrect. Fiscal policy pertains to the government's decisions about taxation and spending, and it is not directly related to the quantity of credit in an economy.
- Correct. Monetary policy refers to central bank activities that are focused on influencing the quantity of money and credit in an economy.
- Incorrect. Fiscal policy is not directly related to the quantity of credit in an economy; it is concerned with government taxation and spending decisions. Monetary policy, on the other hand, is directed towards managing the money supply and credit in an economy.
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