Each of the Following Is a Reason Why Macroeconomic Policy

Each of the following is a reason why macroeconomic policy should be conducted by automatic rules rather than discretion by authorities except

A) the fear that people appointed to authorities will be incompetent.
B) the fear that the appointed authorities might not have the right objectives.
C) the fear that the appointed authorities will use good judgment and make the correct decisions.
D) the fear that short-run political objectives will outweigh longer-run economic objectives.

Correct Answer:

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