To make forward guidance work
A) the central bank must follow through on its promises.
B) it is important that the central bank surprise the public.
C) fiscal policy must support monetary policy.
D) the central bank must not follow through on its promises.
E) consumers cannot be forward-looking.
Correct Answer:
Verified
Q19: Taylor's simplified 1993 rule states that
A)the zero
Q20: In the New Keynesian Rational Expectations model,
Q21: In the United States, the Federal Reserve
Q22: In the Basic New Keynesian model, if
Q23: "Secular stagnation" is an idea popularized by
A)John
Q25: In 2018, Venezuelan inflation approached
A)-20%.
B)13%.
C)2%.
D)80,000%.
E)10,000%.
Q26: In the Basic New Keynesian model, a
Q27: The central bank's policy goals can be
Q28: Real interest rates have declined
A)only in Europe.
B)only
Q29: In the Basic New Keynesian model, a
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