| Question |
Which of the following events would strengthen the argument for the use of discretionary policy, and which would strengthen the argument for rules? a. Structural changes make the economy’s self-correcting mechanism work more quickly and reliably than before. b. New statistical methods are found that improve the accuracy of economic forecasts. c. A Republican president is elected when there is an overwhelmingly Democratic Congress. Congress and the president differ sharply on what should be done about the national economy. |
