Economic science has provided convincing evidence in favour of the:
A) rule favoring a constant rate of growth of the money supply.
B) rule favoring use of the money supply to hit a nominal GDP target.
C) rule requiring a constantly balanced budget for the federal government.
D) fact that there is no simple and compelling case for any particular view of macroeconomic policy.

Question

Quizplus · Accepted Answer

Economic science has shown that there is no one-size-fits-all solution to macroeconomic policy. The best approach depends on specific circumstances and the state of the economy. Therefore, there is no simple and compelling case for any particular view of macroeconomic policy.

Economic Science Has Provided Convincing Evidence in Favour of The