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One of the impontant reasons many economists prefer monetary policy that uses discretion instead of rules is that it does a better job at keeping
One of the impontant reasons many economists prefer monetary policy that uses discretion instead of rules is that it
does a better job at keeping milation at the longrun targot.
allows monctary policy to be used more aggressively when major cconomic shocks occur. Keeps the money supply steady over the lone pum.
prevents the Federal Reserve from using excessive, expansionary policy to pump up the economy:
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