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Which of the Following Support the Idea That Monetary Policy

Question 1

Multiple Choice

Which of the following support the idea that monetary policy should be made by a rule?


A) the political business cycle and the time-inconsistency problem
B) the political business cycle but not the time-inconsistency problem
C) the time-inconsistency problem,but not the political business cycle
D) neither the political business cycle nor the time-inconsistency problem

Correct Answer:

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