Reduced macroeconomic variability in the U.S.since 1981 has all of the following benefits except:
A)improving market functioning.
B)making business planning easier.
C)reducing resources devoted to managing inflation risks.
D)allowing the Fed to pursue accommodating policy.

Question

Quizplus · Accepted Answer

Reduced macroeconomic variability does not necessarily allow the Fed to pursue accommodating policy; rather, it may require the Fed to maintain a balanced approach to sustain stability.

Reduced Macroeconomic Variability in the U