Which of the following is not a disadvantage of of the Fed's "just do it" approach to monetary policy?
A) There is low transparency of policy.
B) There is low accountability for central bankers.
C) This type of policy relies on the policy-makers in charge.
D) It relies on a stable money-inflation relationship.

Question

Quizplus · Accepted Answer

The statement "It relies on a stable money-inflation relationship" is actually an advantage of the "just do it" approach. The other options are all valid disadvantages, such as the lack of transparency and accountability, and the reliance on the policy-makers in charge.

Which of the Following Is Not a Disadvantage of Of the Fed's