The Time Inconsistency Problem Arises When

Multiple Choice

The time inconsistency problem arises when

A) attempts are made to coordinate monetary policy throughout different time zones
B) there is a lag between the announcement of a monetary policy and the implementation of it
C) policy makers have an incentive to mislead people about their monetary policy intentions
D) policy makers do not allow enough time for a new policy to take effect
E) there is a deep conflict among monetary policy makers