If an Economist Supports Targeting Inflation as Opposed to Monetary

question 32

Multiple Choice

If an economist supports targeting inflation as opposed to monetary fine-tuning,this economist probably believes that time lags in the implementation of monetary policy are

• A)short but predictable.
• B)short but unpredictable.
• C)long and unpredictable.
• D)long but predictable.
• E)predictable in their short-run effects but unpredictable in the long run.

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