What are the primary arguments in favor of a discretionary approach?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

See More Books

Question Posted: Feb 04, 2016 06:57 AM

See More Questions

What are the primary arguments in favor of a rules approach?
What are some arguments in favor of and against allowing the same directory to be remotely mounted from two different mount points on two different machines?
What are the primary differences between asynchronous and synchronous transmission?
Let (x) = x - 3, g(x) = x, h(x) = x 3 , and j(x) = 2x. Express each of the functions as a composite involving one or more of , g, h, and j. a. y = x - 3 b. y = 2x c. y = x 1/4 d. y = 4x e. y = (x -...
Why is cash a crucial asset for an entity to have? What are the consequences of not having enough cash?
A student has a class that is supposed to end at 9:00 a.m. and another that is supposed to begin at 9:10 a.m. Suppose the actual ending time of the 9 a.m. class is a normally distributed rv X1 with...
Explain whether you think the work of managers should be electronically monitored? LO.1
The Shrives Corporation has $10,000 that it plans to invest in marketable securities. It is choosing among AT&T bonds, which yield 7.5 percent, state of Florida mu ni bonds, which yield 5 percent,...
q5 Current Attempt in Progress Cetermine the missing amounts Current Attempt in Progress Cetermine the missing amounts
A light-seeking control system, used to track the sun, is shown in Figure P1.5. The output shaft, driven by the motor through a worm reduction gear, has a bracket attached on which are mounted two...
If central banks follow the Taylor rule, how does the real interest rate change during the business cycle?
Some central banks have explicit inflation targets, while others have implicit targets. a. In the context of topics discussed in this section, what is the advantage of having an explicit target? b....
Name the two most important qualities to be considered when choosing the appropriate wine. LO.1
1. A T-shaped beam with an overhang is supported and loaded as shown in Fig. 1. Draw shear force diagram and calculate (a) the shear stress at a point D, 2 m from support A and 25 mm from the top of...
Question 1: Write Specific Case to brief is Flying Fish Bikes, Inc. v. Giant Bicycle, Inc., 181 F.Supp.3d 957? Grading Rubric for Case Brief Written Case Brief 3 (Exceeds Identification - Heading...
A local gym is looking in to purchasing more exercise equipment and runs a survey to find out the preference in exercise equipment amongst their members. They categorize the members based on how...
A fountain with an opening of radius 0.015 m shoots a stream of water vertically from ground level at 6.0 m/s. The density of water is 1000 kg/m. (a) Calculate the volume rate of flow of water. (b)...
35 h/2 21 3 3 2t 3. A thin-walled beam has the cross-section shown in the figure. If the beam is subjected to a bending moment Mx in the plane of the web 23 calculate the direct stress at the points...
The budgetary basis of accounting is a. determined by a governmental entitys governing body or by law or regulation. b. dictated by GAAP. c. the same for all governmental entities. d. always the cash...
Refer to the Conservation Ecology (Dec. 2003) study of the causes of forest fragmentation, presented in Exercise 2.166 (p. 97). Recall that the researchers used advanced high-resolution satellite...
Chrysler engineers helped Toyota develop its Sienna minivan. In return, Toyota provided input on automobile production techniques to Chrysler. Why do you think Chrysler was willing to share its...
Why is a good conductor of electricity also a good conductor of heat?
Use the social security model developed in this chapter to answer this question. Suppose that a government pay-as-you-go social security system has been in place for a long time, providing a social...
In the example (Limited Commitment and Market Interest Rates), suppose that v < y' and y'/y < a < b. (a) Suppose that t = t = 0. Determine the equilibrium real interest rate, and the equilibrium...
A government bond matures in 30 years, makes semi-annual coupon payments of 6.0% ($120 per year) and offers a yield of 3.7% annually compounded. Assume face value is $1,000. Three years later the...
Your objective is: 1. Carry out a life insurance needs analysis, for each one of them (show your calculations) [30 Marks] 2. Refer to the case and the insurance plan quotes. Would you recommend...
TufStuff, Incorporated, sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company s products is a heavy - duty corrosion - resistant...

What are the primary arguments in favor of a discretionary approach?

Question:

Step by Step Answer:

Economists who believe that policymakers should be allowed discretion argu...View the full answer

Macroeconomics

Students also viewed these Chemical Engineering questions