Decreased macroeconomic volatility is attributable to the Fed
A) switching from pro-cyclical to anti-cyclical monetary policy.
B) switching from anti-cyclical to pro-cyclical monetary policy.
C) officially adopting the Taylor Rule.
D) none of the above.
Correct Answer:
Verified
Q26: A central bank would increase interest rates
Q27: Monetary policy improved after 1979 since it
A)
Q28: One reason for the decreased economic volatility
Q29: Lowering interest rates has the effect of
Q30: The natural rate of unemployment is estimated
Q32: Raising interest rates could have the effect
Q33: Central banks try to use their influence
Q34: In the middle years of the first
Q35: If central banks decrease interest rates, this
Q36: The decision on whether to default on
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