Multiple Choice
In 2012, the Fed
A) adopted a strict monetary rule of 2 percent per year.
B) adopted inflation targeting, setting a target rate of 2 percent per year.
C) relaxed all monetary rules and targets in favor of a fully flexible monetary policy.
D) adopted a nominal GDP growth rate target of 6 percent per year.
Correct Answer:
Verified
Correct Answer:
Verified
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