Question: 1. What do you suppose might be gained-and by whom-if the Fed were to follow an easily understood rule as a guide for conducting monetary
1. What do you suppose might be gained-and by whom-if the Fed were to follow an easily understood rule as a guide for conducting monetary policy? Explain.
2. What do you think might be lost-and by whom-if the Fed were to follow an easily understood rule as a guide for conducting monetary policy? Explain.
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