If both money demand and commodity demand are unstable,as many activists believe,which type of policy target(s) would most likely lead to a stable economy (assuming supply-side shocks are likely to occur) ?
A) money supply target
B) real GDP target
C) interest rate target
D) nominal GDP
Correct Answer:
Verified
Q31: Economists who support a monetary rule as
Q32: The "effectiveness lag" in monetary policy is
Q33: According to the New Classical macroeconomic school,
A)active
Q34: Which of the following is NOT an
Q35: In general,activists are _ about the ability
Q37: In general,activists are _ about the ability
Q38: The non-activists believe that
A)the government has been
Q39: Because of the lag of the effects
Q40: The time between the policy decision and
Q41: Fed policies since the mid-1980s have been
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