Solved

The Primary Criticism by Keynesians of the Credibility Argument for Rules

Question 111

Multiple Choice

The primary criticism by Keynesians of the credibility argument for rules is that


A) reputations are a less costly method of gaining credibility.
B) reputations are a less costly method of maintaining credibility.
C) the cost of losing flexibility over policy choices may exceed the cost of gaining credibility.
D) rules that reduce presidential and congressional influence over monetary policy could ultimately be harmful to the economy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents