Among the prospective rules that set target variables directly, only the nominal GDP rule

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Among the prospective rules that set target variables directly, only the nominal GDP rule

Among the prospective rules that set target variables directly, only the nominal GDP rule
A) provides a nominal anchor.
B) is easy for the Fed to achieve.
C) allows a neutral response to a supply shock.
D) is insulated from the effects of unstable velocity.

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Macroeconomics

Edition: 12^th

Author: Gordon

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