Which of the Following Is the Most Powerful Argument for Putting

question 44

Multiple Choice

Which of the following is the most powerful argument for putting restraints on policy makers (as opposed to self- restraint by policy makers themselves) ?

• A) Uncertainty about the timing of policy impacts.
• B) Uncertainty about the natural rate of unemployment.
• C) Time inconsistency.
• D) Disagreements about the proper structure of an econometric model.
• E) Uncertainty about Okun's coefficient.

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Definitions:

Psychokinesis

The purported ability to move or manipulate objects with the mind, without physical interaction, a phenomenon not scientifically proven.

Absolute Thresholds

Absolute thresholds represent the minimum intensity of a stimulus that one can detect 50% of the time, varying from one sense to another.

Psychological State

An individual's current mental condition, which can influence thoughts, feelings, and behaviors.

Sentry Duty

The act of guarding or watching for any danger or unexpected activity, typically in military contexts.