An opponent of monetary policy decisions by rule would point to which of the following as support of his case?

Question

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Opponents of monetary policy decisions by rule argue that flexibility is necessary to confront unforeseen circumstances such as unexpected changes in the economy. They argue that pre-set rules may not be adaptable to changing economic conditions, leading to poor policy outcomes. Time inconsistency of policy and political business cycles are arguments in favor of rules-based monetary policy, while the ability to craft rules that account for all possible contingencies in advance is generally seen as unrealistic.

An Opponent of Monetary Policy Decisions by Rule Would Point