Question $8$

$3$ tries left

What is the main disadvantage of an unconditional policy commitment?

A$.$ It should be abandoned so it will have less effect on long$-$term inte

B$.$ It represents a tacit commitment by the central bank, which could bi

C$.$ It complicates the decision $-$ making process as transparency and thi

D$.$ It makes market conditions less competitive, providing some particir