Each of the Following Is a Difficulty Associated with Attempting

Multiple Choice

Each of the following is a difficulty associated with attempting to control planned expenditure by manipulating interest rates except

A) our knowledge of the structure of the economy is imperfect.
B) economic policy works with long and variable lags.
C) the interest rates that the Federal Reserve can control are short-term, nominal, safe, interest rates.
D) people are generally unwilling to purchase short-term government bonds.