Which Statement Is a Point of the Great Moderation Consensus

question 156

Multiple Choice

Which statement is a point of the Great Moderation consensus? I. Monetary policy should be the main stabilization policy.
II) The central bank should be independent of political influence.
III) Discretionary fiscal policy should be used sparingly.

• A) I only
• B) II only
• C) III only
• D) I, II, and III

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