One of the Drawbacks of Rules Based Monetary Policy Is

question 84

Multiple Choice

One of the drawbacks of rules based monetary policy is ________.

• A) it can be too rigid a system and unable to address unforeseen contingencies
• B) it minimizes the role of central banks and bankers
• C) these types of programs are difficult to implement in practice
• D) none of the above

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Definitions:

Class Boundaries

Socially constructed divides that separate different socio-economic classes, often determining access to resources and opportunities.

Hypergamy

The action of marrying or forming a sexual relationship with a person of a superior sociological or educational background.

Heterogamous

Referring to marriages or relationships between individuals who come from different backgrounds, whether cultural, racial, religious, or socioeconomic.

Cinderella Stories

Narratives that demonstrate a dramatic rise from poor or difficult circumstances to success, happiness, or fulfillment.