What are the dangers of targeting nominal interest rates


Problem

a. Why does the Fed not stick more closely to its target paths for money?

b. What are the dangers of targeting nominal interest rates?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What are the dangers of targeting nominal interest rates
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