Nominal GDP Targeting Implies That

Multiple Choice

Nominal GDP targeting implies that

A) there is an implicit monetary policy tradeoff between inflation and unemployment
B) the Fed will never have to adjust its monetary targets even if there is a shift in money demand
C) the Fed will never have to make adjustments in its money stock targets as disturbances hit the economy
D) the desire to maintain full employment outweighs any risk of an inflationary bias
E) none of the above