Economic science has provided convincing evidence in favor 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 not provided a simple and compelling case for any particular view of macroeconomic policy. The effectiveness of different macroeconomic policies varies depending on the economic conditions and other factors, and there is ongoing debate among economists about which policies are most effective in different situations. Therefore, there is no single rule that can guarantee economic stability and growth.

Economic Science Has Provided Convincing Evidence in Favor of The