All the following are types of monetary policy expect ?
Correct answer: B. a balanced budget
- A. a nominal money stock target
- B. a balanced budget
- C. an inflation target
- D. The pursuit of a target real interest rate
Explanation
A balanced budget is a fiscal-policy rule because it concerns government revenue and expenditure. Money-stock, inflation, and real-interest-rate targets are alternative monetary-policy strategies.
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