Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
valputin valputin
wrote...
Posts: 5754
Rep: 3 0
8 years ago
Arguments for adopting a policy rule include
A) discretion enables policy makers to change policy settings when an economy undergoes structural changes.
B) discretion avoids the straightjacket that would lock in the wrong policy if the model that was used to derive the policy rule proved to be incorrect.
C) discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
D) all of the above.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 215 times
3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets
Replies
Answer verified by a subject expert
MeelaMeela
wrote...
Top Poster
Posts: 5283
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  845 People Browsing
 114 Signed Up Today
Related Images
  
 281
  
 27
  
 236
Your Opinion
Which is the best fuel for late night cramming?
Votes: 144