In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution: Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all.  10. What is Tinbergen’s constraint? Explain its importance in regard to US monetary policy.

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter13: Monetary Policy: Conventional And Unconventional
Section: Chapter Questions
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In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution:

Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all. 

10. What is Tinbergen’s constraint? Explain its importance in regard to US monetary policy. 

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