In General,the Fed Has Not Embraced a Fixed-Growth-Rate Monetary Policy

Multiple Choice

In general,the Fed has not embraced a fixed-growth-rate monetary policy because:

A) its adoption would lead to a decrease in the employment rate in the U.S.economy.
B) no influential economists have come out in favor of it.
C) the Fed has to report to Congress,and Congress is not in favor of it.
D) the Fed prefers active fiscal policy.
E) they believe the economy is too complex to make such a policy work consistently.