Which of the Following Would Eliminate the Time Inconsistency Problem

question 165

Multiple Choice

Which of the following would eliminate the time inconsistency problem?

• A)Each of the following would eliminate the time inconsistency problem.
• B)When lags associated with monetary and fiscal policy are extremely short.
• C)When discretionary macro policy is replaced with fixed policy rules which are well publicized.
• D)When expectations about the economy adjust very slowly.
• E)None of the above.

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Definitions:

End Results

The final outcomes or consequences of actions, projects, or processes, often used to evaluate success or effectiveness.

Work Inputs

The effort, energy, and resources employed by workers to accomplish tasks and produce goods or services.

Comparison Methods

Techniques used in analysis that involve evaluating two or more objects, ideas, or data sets to identify their differences, similarities, or both.

Results With Objectives

A performance management approach focusing on achieving specific outcomes or objectives within a set timeframe.