Economist states that she believes the federal reserve

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Assume that an economist states that she believes the Federal Reserve should ensure that nominal GDP grows by 5% every year and that is all the Federal Reserve should do. Which of the following is true about this economist?

she is in agreement with all other economists

she likely believes the Federal Reserve never makes any mistakes

she believes in rule based monetary policy

she believes in a wide amount of discretion for the Federal Reserve

Reference no: EM13819140

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