A clear-cut "rules versus discretion" debate is no longer possible because those economists advocating rules for ________,such as ________,must leave the Fed with plenty of discretionary power.
A)policy instruments,the money supply
B)policy instruments,the inflation rate
C)target variables,the money supply
D)target variables,the inflation rate

Question

Quizplus · Accepted Answer

The Answer of A clear-cut "rules versus discretion" debate is no longer possible because those economists advocating rules for ________,such as ________,must leave the Fed with plenty of discretionary power.
A)policy instruments,the money supply
B)policy instruments,the inflation rate
C)target variables,the money supply
D)target variables,the inflation rate

A Clear-Cut "Rules Versus Discretion" Debate Is No Longer Possible