Arguments for discretionary policies include:
policy rules can be too rigid because they cann...
Social Studies, 23.04.2020 15:27, kledi72
Arguments for discretionary policies include:
policy rules can be too rigid because they cannot foresee every contingency.
the time-inconsistency problem can lead to poor economic outcomes.
all of the other options.
discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
Answers: 3
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