Question: To prevent inflation from getting started, monetary policy needs to A. be forward-looking and preemptive. B. make expected monetary policy changes. C. make unexpected monetary

To prevent inflation from getting started, monetary policy needs to A. be forward-looking and preemptive. B. make expected monetary policy changes. C. make unexpected monetary policy changes. D. be backward-looking and preemptive. Under Fed Chairmen Greenspan and Bernanke, the Fed has followed A. an explicit nominal anchor. B. a money target. C. an inflation target. D. an implicit nominal anchor

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