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valputin valputin
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8 years ago
Arguments for adopting a policy rule include
A) policy makers and politicians cannot be trusted.
B) the time-inconsistency problem can lead to poor economic outcomes.
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:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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