effectiveness of fiscal policy

What would be the impact of following factors on effectiveness of fiscal policy (FP) and monetary… 1 answer below »

What would be the impact of following factors on effectiveness of fiscal policy (FP) and monetary policy (MP) 8High degree of sensitivity of money demand to income (0/1 Point) FP highly effective, MP highly effective FP less effective, MP less effective FP less effective, MP highly effective FP highly effective, MP less effective