One of the Drawbacks of Rules Based Monetary Policy Is

question 49

Multiple Choice

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

• A) it is subject to the Lucas critique
• B) they are too complicated for the general public to understand
• C) these types of programs are difficult to implement in practice
• D) none of the above

---

Definitions:

Depression

A disorder of the mind characterized by a sustained downturn in mood or apathy towards actions, significantly affecting normal life.

Diagnoses

Identification of diseases or conditions by examining symptoms and performing tests.

Demon Possession

The belief that individuals can be possessed or taken over by demonic entities, influencing their behaviors and thoughts.

Abnormal Behaviour

Behaviors that deviate significantly from what is considered typical or normal within a society or cultural context; this may include actions, thoughts, or feelings that are seen as dysfunctional or distressing.