Multiple Choice
Which of the following is a point of the Great Moderation consensus?
I. Monetary policy should be the main stabilization policy.
II. The central bank should be independent of political influence.
III. Discretionary fiscal policy should be used sparingly.
A) I only
B) II only
C) III only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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