A central bank that decides the desired levels of interest rates and inflation and the horizon over

Question:

A central bank that decides the desired levels of interest rates and inflation and the horizon over which the inflation objective is to be achieved is most accurately described as being:

A. target independent and operationally independent.

B. target independent but not operationally independent.

C. operationally independent but not target independent.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

Question Posted: