What are the key assumptions the moinetarist have made

Reference no: EM133336681

Question: Distingusih between the theoretical arguments between Discretion vs. Rule approach in conducting monetary policy actions by the Fed. What are the key assumptions the moinetarist have made in advocating for Rule approach of monetary policy? If those assumptions are not valid, does it make the Rule as an ineffctive policy approach? Why or why note? Briefly explain.

Reference no: EM133336681

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