A PROBLEM WITH USING NOMINAL GDP AS AN INTERMEDIATE TARGET IS THAT...

46) - TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
46) A problem with using nominal GDP as an intermediate target is that (a) data for nominal GDP are available quarterly. (b) data for nominal GDP are highly accurate. (c) data for nominal GDP are not related to inflation and economic growth. (d) all of the above. (e) both (b) and (c) of the above. Answer: A Question Status: New