A disadvantage of the McCallum rule is that it
A) is an inflation targeting rule.
B) is an exchange rate targeting rule.
C) relies on the demand for money and monetary base being stable.
D) requires estimates of the long run equilibrium real interest rate and output gap.
Correct Answer:
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Q133: Q178: If the Fed wants to fight inflation, Q179: Consumer confidence in the economy rises, and Q180: If a central bank wants to implement Q181: In the short run, a rise in Q183: A policy that requires the quantity of Q184: In order to combat inflation, the Fed
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