Are the outcomes of the Fed's actions precise and predictable?   The Fed's actions are _______ because _______.     A. precise; the time lags in the adjustment process are predictable   B. predictable but not precise; the economy does not always respond in exactly the same way to a given policy   C. precise; the ripple effects of its actions are well known   D. predictable; it is unusual for other factors to influence the outcome

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Are the outcomes of the Fed's actions precise and predictable?
 
The Fed's actions are _______ because _______.
 
 
A.
precise; the time lags in the adjustment process are predictable
 
B.
predictable but not precise; the economy does not always respond in exactly the same way to a given policy
 
C.
precise; the ripple effects of its actions are well known
 
D.
predictable; it is unusual for other factors to influence the outcome
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