(Last Word) In the aftermath of the Great Recession of 2007-2009, a new breed of "market monetarists" suggested that the Fed and other central banks should use which of the following to
Adjust monetary policy?
A) stock markets
B) domestic and export markets
C) predictions markets
D) labor markets

Question

Quizplus · Accepted Answer

Market monetarists suggest the use of prediction markets, which are markets that allow traders to bet on the future outcomes of political events, economic indicators, and other events. The idea is that these markets can provide valuable information to central banks about market expectations and can be used in the formulation of monetary policy.

(Last Word) in the Aftermath of the Great Recession of 2007-2009