Which of the following is not an argument for the use of rules over discretion?
A)Credibility
B)Budget balances are more predictable.
C)Recognition lags
D)Reliability
E)Automatic stabilizers may not be large enough.

Question

Quizplus · Accepted Answer

Automatic stabilizers being insufficient is not an argument for rules over discretion; it is a concern about the effectiveness of fiscal policy, not a reason to prefer rules.

Which of the Following Is Not an Argument for the Use