Opponents of the Taylor rule argue that it implies more advanced knowledge about the economy than is potentially feasible

What does the saying "There is no such thing as a free lunch" mean?

a. free lunches were outlawed in 1920 b. You will receive a bill for the "free" lunch at a later date c. free lunches often cause food poisoning d. everything costs something

If the Fed can ________ inflation expectations, it might achieve ________ inflation without ________ the unemployment rate

A) lower; lower; lowering B) raise; lower; raising C) lower; lower; raising D) raise; higher; lowering E) lower; higher; lowering