Much of the Strong Economic Performance Since the Mid-1980s Is

Multiple Choice

Much of the strong economic performance since the mid-1980s is attributed to successful Fed policy. Which of the following statements does not help explain that success?

A) The stabilizing effect of monetary policy conducted in accordance with the Taylor rule
B) A greater monetary response higher federal funds rates) to inflation threats since the mid 1980s than during the 1960s and 1970s
C) A more accommodative monetary policy before the mid-1980s than afterward
D) All of the above
E) Only a and b