A monetary rule would make it difficult to
A) have stable monetary growth.
B) prevent inflation.
C) respond to unforeseen events.
D) stabilize the price of gold.

Name: A monetary rule would make it difficult to A) have stable monetary growth. B) prevent inflation. C) respond to unforeseen events. D) stabilize the price of gold.
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Question

Quizplus · Accepted Answer

A monetary rule would restrict the flexibility of the central bank to respond to unexpected economic events, making it difficult to adjust monetary policy accordingly.

A Monetary Rule Would Make It Difficult to