When might each of the following two rules be appropriate

Reference no: EM131136300

Suppose that, as the chairman of the Fed, you decided to "put policy on automatic pilot" and require that monetary policy follow an established rule. When might each of the following two rules be appropriate?

( a ) Maintain a constant interest rate

( b ) Maintain a constant money supply.

Reference no: EM131136300

Questions Cloud

Why might stock prices be a good predictor of recessions : Given this, why might stock prices be a good predictor of recessions?

Evaluate the character amanda for the themes : Explanation of Character Reports and how to determine your character and topic assignments for each play. For your assigned character and topic from The Glass Menagerie, complete the following in 200 words:

Explain the delegated powers of the executive : Explain the delegated powers of the executive. What is the difference between a treaty and an executive agreement? Define veto and pocket veto? How are they different? Explain the Executive Office of the President. Which agency is most important? Why

What data type would you use to store a phone number : What data type would you use to store a phone number? A dollar amount? What is the difference between a while loop and a do..while loop? What two things do you need to use in order to ask a user for input?

When might each of the following two rules be appropriate : Suppose that, as the chairman of the Fed, you decided to "put policy on automatic pilot" and require that monetary policy follow an established rule. When might each of the following two rules be appropriate?

Identify an educational issue within your school : For example, a school department may have to make a decision regarding a new textbook adoption. The issue in adopting the textbook is that it affects what curriculum will be taught in the classroom. It impacts how the curriculum will align with na..

What fiscal policy will be needed to put gdp on target : Explain why the government has to be so active in keeping GDP on target in this case.

Describe the ways bureaucrats can act as politicians : Describe the ways bureaucrats can act as politicians and policy makers. What is their role in the policy making process

Protection for endangered species : So, I need these questions answer in two separate discussion boards. The samples from where you will be answering the questions are below. Should be failry easy. Read the sample and then answer if it is a claim or not and why and so on. Do so in ..

User Account

All Pages