What Is Goodhart's Law

question 63

Multiple Choice

What is Goodhart's Law?

• A) If you control the indicator of a problem, rather than the problem itself, the indicator will lose its indicative value.
• B) Interest rates should be kept as low as possible.
• C) There is no point in trying to use indicators for the formulation of monetary policy.
• D) The money supply cannot be controlled.

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