Rules advocates believe that the central bank should change interest rates in an attempt to fine tune the economy.

Name: Rules advocates believe that the central bank should change interest rates in an attempt to fine tune the economy.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Rules advocates argue for the central bank to follow predetermined rules or guidelines for monetary policy, rather than actively trying to fine-tune the economy through discretionary changes in interest rates.

Rules Advocates Believe That the Central Bank Should Change Interest