Given the unpopularity of inflation, why dont elected leaders always support efforts to reduce inflation? Many economists

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Given the unpopularity of inflation, why don’t elected leaders always support efforts to reduce inflation? Many economists believe that countries can reduce the cost of disinflation by letting their central banks make decisions about monetary policy without interference from politicians. Why might this be so?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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