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    Exam 16: Macro Policy Debate: Active or Passive?
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    The Argument That the Fed Would Pay Less Attention to Jobs
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The Argument That the Fed Would Pay Less Attention to Jobs

Question 77

Question 77

Multiple Choice

The argument that the Fed would pay less attention to jobs and economic growth is put forward by _____


A) the rational expectations school.
B) opponents of monetary targets.
C) opponents of inflation targets.
D) the active approach.
E) the passive approach.

Correct Answer:

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