A central bank that decides the desired levels of interest rates and inflation and the horizon over
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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.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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