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Homework answers / question archive / To solve the "time inconsistency" problem in macro policy a nation may well have to A

To solve the "time inconsistency" problem in macro policy a nation may well have to A

Economics

To solve the "time inconsistency" problem in macro policy a nation may well have to

A. make the central bank more responsive to the popular will.

B restrict itself in the present from taking certain policy moves in the future

C use the courts to settle policy disputes.

D present policy moves to the public, for example, in a referendum.

E. lift all restrictions on future policy moves.

Option 1

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Option 2

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