Satisfied when selecting policy? instrument

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Reference no: EM131093076

Which of the following criteria must be satisfied when selecting a policy? instrument?

A. The instrument must be observable and measurable.

B. The instrument must be controllable by the central bank.

C. The instrument must have a predictable impact on the policy goal.

D. Only B and C are correct.

E. All of the above are correct.

Reference no: EM131093076

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