Economic science has provided convincing evidence in favour of the:
A)rule favouring a constant rate of growth of the money supply.
B)rule favouring use of the money supply to hit a nominal GDP target.
C)rule requiring a constantly balanced budget for the federal government.
D)fact that there is no simple and compelling case for any particular view of macroeconomic policy.

Question

Quizplus · Accepted Answer

Economic science has shown that macroeconomic policy is complex and context-dependent, and there is no universally accepted rule that applies in all situations.

Economic Science Has Provided Convincing Evidence in Favour of The