The Fed's eclecticism reflects:

A. A combination of flexible rules and limited discretion.
B. Fixed rules that are set for monetary growth rates.
C. Discretionary policy but not rules.
D. The targeting of interest rates as the primary goal to be achieved by monetary policy.

A. A combination of flexible rules and limited discretion.

Economics

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Where the planned expenditure and the 45-degree lines intersect, the economy is ________ equilibrium, with unplanned inventory investment equal to ________

A) in, zero B) out of, zero C) in, planned inventory investment D) in, autonomous planned expenditure E) out of, autonomous planned expenditure

Economics

The assumption of asymmetric information means that

A) borrowers and lenders have the same information. B) borrowers and lenders have perfect information. C) borrowers know more than lenders. D) lenders know more than borrowers.

Economics