Multiple Choice
Which of the following statements do economists broadly consider to be TRUE?
A) A monetary rule can increase real GDP.
B) Discretionary fiscal policy is typically more effective than monetary policy in fighting recessions.
C) A nation's central bank should be managed by elected officials.
D) Discretionary monetary and fiscal policy cannot affect the long-run level of unemployment.
Correct Answer:

Verified
Correct Answer:
Verified
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