In recent years, economists holding monetarist views have replaced their call for a monetary rule with a call for
A) artful Fed management of interest rates.
B) inflation targeting.
C) nominal GDP targeting.
D) inflationary and recessionary gap analysis.
Correct Answer:
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Q88: According to mainstream economists, the Fed's adherence
Q89: Mainstream economists favor
A) the use of discretionary
Q90: Which of the following groups of economists
Q91: In 2012, the Fed
A) adopted a strict
Q92: Mainstream economists contend that, as stabilization tools,
A)
Q94: The crowding-out effect refers to the possibility
Q95: Most mainstream macroeconomists oppose a strict requirement
Q96: Monetarists and rational expectations theorists generally agree
Q97: The theory of rational expectations concludes that
A)
Q98: Adherents of the traditional monetary rule say
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