Rules dominate discretion in monetary policy because? ______. A. discretionary monetary policy requires a stable velocity of?
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Question:
Rules dominate discretion in monetary policy because? ______.
A.
discretionary monetary policy requires a stable velocity of? money, and the velocity of money is extremely volatile
B.
rules bring greater certainty about future policy actions
C.
discretionary monetary policy requires coordination with discretionary fiscal policy
D.
discretionary monetary policy requires a stable monetary base and the monetary base is constantly increasing
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