单选题

The primary difference between the McCallum rule and the Taylor rule is that the McCallum rule follows the(     )。

【正确答案】 C
【答案解析】

The McCallum rule, in the spirit of a monetarist fixed rule, attempts to make adjustments to the monetary base while targeting the inflation rate. On the other hand, the Taylor rule takes a Keynesian perspective and attempts to adjust the federal funds rate while targeting the inflation rate.