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ujesssss ujesssss
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4 years ago
All of the following are benefits of the Fed having only the single goal of price stability EXCEPT

▸ there would be greater reliance on fiscal policy for economic stabilization.

▸ the Fed would be more credible.

▸ the fed would not be distracted and led astray by other concerns.

▸ the Fed would be free from political pressures.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
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Mtoney9Mtoney9
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4 years ago
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Thank you, thank you, thank you!
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