Which of the following statements is most correct?
A) The use of monetary policy in the U.S. has not changed much since the creation of the Fed.
B) The quantitative impact on output of altering the target federal funds rate has been quite stable.
C) Monetary policymakers operate in an environment with very little uncertainty.
D) Monetary policymakers operate in an environment where change is quite common.
Correct Answer:
Verified
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