Multiple Choice
Which of the following is most consistent with the time-inconsistency problem?
A) while it is ten o'clock in the morning in Chicago,it will be eleven o'clock in New York City
B) a monetary policy action that is implemented in January will not begin to influence economic variables for several months
C) a parent who acquiesces to a child's demand just to keep them quiet in a public setting
D) an economic model with adaptive expectations
Correct Answer:
Verified
Correct Answer:
Verified
Q7: The adoption of inflation targeting in the
Q8: A nominal anchor helps policy makers to
Q9: Of these policies,which is the best example
Q10: During his tenure at the helm of
Q11: According to the Taylor rule _.<br>A)expectations are
Q13: The tying down of the price level
Q14: New information ought not to influence economic
Q15: Swiss attempts to target monetary aggregates ended
Q16: How are rule-based policies similar to adaptive
Q17: The Swiss National Bank established the practice