Which of the Following Is Correct? in the 1990's

question 123

Multiple Choice

Which of the following is correct? In the 1990's

• A)the Fed maintained low inflation because it had to follow a policy rule.
• B)the Fed maintained low inflation even without being required to follow a policy rule.
• C)the Fed was not required to follow a policy rule and let inflation move higher.
• D)the Fed was required to follow a policy rule, but it provided the Fed enough discretion that inflation move higher.