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:

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Engaging in comparison with others in a way that is not antagonistic or envious, often for self-evaluation or improvement purposes.

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Objectives that require individuals or groups to work together in order to achieve a mutual objective.

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The experiences of children who are chronically harassed, teased, and bullied by peers.

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An educational institution that serves students in the intermediate grades, usually between elementary school and high school.