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

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

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