Which of the following is an advantage of the Fed's "just do it" approach to monetary policy?
A)It does not rely on the money-inflation relationship.
B)It is simplistic and has clarity.
C)There is increased accountability of central bankers.
D)There is an immediate signal if the target has been achieved.

Question

Quizplus · Accepted Answer

The "just do it" approach does not rely on the money-inflation relationship, allowing the Fed to focus on broader economic indicators and outcomes rather than strict adherence to money supply targets.

Which of the Following Is an Advantage of the Fed's