Analysis of macro policy and theory has resulted in of the following views?
A)there should be no constraints imposed on fiscal or monetary policy.
B)a constitutional amendment is the most appropriate method to constrain fiscal policy.
C)the heads of the central bank should be chosen by popular elections.
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The statement does not provide any clear indication of which view is the most appropriate or widely accepted. Option A suggests that there should be no constraints on fiscal or monetary policy, which is a controversial view that many economists would disagree with. Option B proposes a constitutional amendment to constrain fiscal policy, which may be effective, but is not universally supported. Option C suggests a radical departure from the traditional approach to central banking, whereby central bank heads are appointed by politicians or other authorities. This option is unlikely to be seen as a feasible or desirable solution by most economists. Therefore, none of the options listed can be regarded as the best choice.

Analysis of Macro Policy and Theory Has Resulted in of the Following