Monetary policy improved after 1979 since it
A) was pro-cyclical.
B) was anti-cyclical.
C) targeted monetary aggregates.
D) targeted long term interest rates.
Correct Answer:
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Q22: When the Fed keeps the fed funds
Q23: A central bank would increase the money
Q24: The Taylor Rule would be implemented by
Q25: One advantage of the Taylor Rule is
Q26: A central bank would increase interest rates
Q28: One reason for the decreased economic volatility
Q29: Lowering interest rates has the effect of
Q30: The natural rate of unemployment is estimated
Q31: Decreased macroeconomic volatility is attributable to the
Q32: Raising interest rates could have the effect
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