In General,the Fed Has Not Embraced a Fixed-Growth-Rate Monetary Policy

Multiple Choice

In general,the Fed has not embraced a fixed-growth-rate monetary policy because

A) its adoption would cost them their jobs
B) no influential economists have yet come out in favor of it
C) the Fed has to answer to Congress,and Congress is not in favor of it
D) the Fed prefers active fiscal policy
E) they believe the economy is too complex and too changeable to make such a policy work consistently