Although economists have argued many years about the identity of appropriate operating and intermediate target variables, there is no dispute about the chief characteristics of a suitable operating or intermediate target. Which of the below is NOT a chief characteristic?
A) linkage (an expected connection with the intermediate target)
B) objectivity (decision-making eliminates personal experiences)
C) observability (targets must be readily and regularly observable economic variables)
D) responsiveness (respond quickly and in an expected way to the Fed's use of its tools)
Correct Answer:
Verified
Q9: Inflation in advanced economies is _ the
Q10: Which of the below statements is FALSE?
A)
Q11: A requirement of a good operating target
Q12: Which of the below statements is FALSE?
A)
Q13: Which of the below statements is TRUE?
A)
Q15: An easy money policy of expanding the
Q16: _ is a condition of both inflation
Q17: In some countries, a key foreign currency
Q18: Economic growth is _.
A) not related to
Q19: The standard way of measuring _ is
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