In 2012, the Fed adopted a flexible version of
A)a monetary-growth rule.
B)inflation targeting.
C)a balanced-budget policy.
D)a do-nothing approach.

Question

Quizplus · Accepted Answer

In 2012, the Federal Reserve adopted a flexible form of inflation targeting, which involves setting a specific inflation rate as the goal of monetary policy, while also considering other economic conditions.

In 2012, the Fed Adopted a Flexible Version of