Multiple Choice
Which of the following statements is TRUE of the state of modern macroeconomics?
A) There is much more consensus than disagreement among economists.
B) Inflation targeting and asset price management are incompatible duties for a central bank.
C) Congress indirectly controls the Fed and monetary policy through its annual budget allocations.
D) The Great Recession heightened the areas of disagreement among macroeconomists over key policy questions.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: The recommendation to use monetary policy to
Q112: The main reason that the Great Depression
Q202: Prior to the 1930s, the _ model
Q210: Those who believe in the classical model
Q211: Explain the rational expectations theory and how
Q213: Discretionary fiscal policy:<br>A)is not subject to lags
Q214: Use the following to answer questions:<br>Scenario: The
Q216: Which of the following theories is consistent
Q218: During the Great Recession policy makers were
Q238: A policy of fiscal stimulus involves _