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    Macroeconomics Study Set 10
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    Exam 14: Monetary Policy and the Federal Reserve System
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    What Types of Rules for Monetary Policy May Be Sensible
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What Types of Rules for Monetary Policy May Be Sensible

Question 19

Question 19

Essay

What types of rules for monetary policy may be sensible for policymakers to consider? What is the advantage of using rules over discretion? What problems might there be with rules?

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One possible rule is a constant money gr...

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