One of the Drawbacks of Rules Based Monetary Policy Is

question 39

Multiple Choice

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

• A) the true model of the economy is unknown, so a single rule may not be appropriate
• 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

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Definitions:

Blush

A natural reddening of the face typically prompted by emotional states such as embarrassment or happiness.

Cultural Factors

Elements influenced by a society's culture, traditions, and practices that can affect behavior, perceptions, and interactions.

Business Communications

The exchange of information, both verbal and written, used to promote an organization's goals, ideas, and objectives.