AN ADVANTAGE OF AN INTERMEDIATE TARGETING STRATEGY IS THAT IT PROV...

30) An advantage of an intermediate targeting strategy is that it provides the central bank with (a) more timely information regarding the effect of monetary policy. (b) a slow adjustment process. (c) a target that is precisely correlated with economic activity. (d) each of the above. (e) only (a) and (b) of the above. Answer: A Question Status: Previous Edition