In 1989, New Zealand rewrote the charter of its central bank to make low inflation its only
Question:
In 1989, New Zealand rewrote the charter of its central bank to make low inflation its only goal.
Why would New Zealand want to do this?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Reasons for New Zealands Focus on Low Inflation New Zealands decision to rewrite the charter of its central bank in 1989 to prioritize low inflation a...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In 2018 New Zealand rewrote the charter of its central bank to include high employment as well as low inflation as its goals. Why would New Zealand want to do this?
-
New Zealand rewrote the charter of its central bank in the early 1990s to make low inflation its only goal. Why would New Zealand want to do this?
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Charlie invested $2,000 at the end of 2015, $2,500 at the end of 2016 and $550 at the end of 2017.She earned 8% on her investment.How much money did she have at the end of 2017?
-
Bill Matthews invested $9,500 in the John Hancock Government Income fund. The fund charges 4.5 percent commission when shares are purchased. Calculate the amount of commission Bill must pay.
-
Why is it important that auditors distinguish between voluntary and involuntary use when assessing the effectiveness of an information system? How might they identify involuntary use of an...
-
3. In a consolidated income statement for Pam Corporation and Subsidiary for the year 2017, consolidated cost of sales should be: a $1,372 b $1,360 c $1,272 d $1,248
-
A food processor uses approximately 27,000 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per...
-
Simon Companys year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 33,019 $ 37,839 $ 38,623 Accounts receivable, net 93,822 65,556 54,152 Merchandise inventory 117,963 89,253...
-
Political expectations, inflation, and unemployment Consider a country with two political parties, Democrats and Republicans. Democrats care more about unemployment than Republicans, and Republicans...
-
Suppose the government amends the constitution to prevent government officials from negotiating with terrorists. What are the advantages of such a policy? What are the disadvantages?
-
What is the yield to maturity for the bond issued by Xenon, Inc.? To calculate the number of years until maturity, assume that it is currently January 15, 2016. All of the bonds have a $2,000 par...
-
As a new principal, I assigned a teacher to a different grade for the coming year. I did not expect to cause the anxiety it did. The teacher first came to me in tears and begged for her assignment to...
-
Peruse the following websites to learn about the different ways of categorizing leadership. 1. https://www.businessnewsdaily.com/9789-leadership-types.html 2....
-
Making Consumer Choices The Espresso Machine (25 points) In real life, you must often make choices about whether to buy something pre-made or make it yourself. There are many things to consider:...
-
1) Read over the article/case and summarize what it is referring to in your own words. 2) What type of leadership traits can you describe in the case study? Use materials both from the handout and...
-
After reading or watching, https://smallbusiness.chron.com/internal-analysis-important-80513.html https://www.indeed.com/career-advice/career-development/internal-analysis...
-
Practical Application: Do you expect Social Security and Medicare to be available when you retire? Why or why not?
-
Tell whether the angles or sides are corresponding angles, corresponding sides, or neither. AC and JK
-
1. When the Federal Reserve sells bonds on the open market, it leads to ______ (higher/lower) levels of investment and output in the economy. 2. To decrease the level of output, the Fed should...
-
1. ___________ (Inside/Outside) lags are longer for the Fed. 2. Experimental evidence shows us that individuals perform ________ than committees in making monetary policy decisions. 3. Long-term...
-
As a keen student of the Great Depression, Federal Reserve Chairman Ben Bernanke became concerned when short term interest rates such as the federal funds rate fell below 0.5 percent in late 2008 as...
-
ASDA Company reported the following activity in the Assembly Department for the month of May : Units Percent Completed Materials Conversion Work in process, May 1 360 50 % 10 % Units started into...
-
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 3 1 , 2 0 2 0 : Transactions during 2 0 2 1 were as follows: a . On January 2 , 2 0 2...
-
All else equal, a company's P/E ratio will ____________ when the discount rate ___________. rise, rise fall, rise fall, falls cannot be determined All else equal, a company's P/E ratio will _____...
Study smarter with the SolutionInn App