Up to 2012 the Japanese central bank was targeting a 1% inflation rate, but in 2013 it

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Up to 2012 the Japanese central bank was targeting a 1% inflation rate, but in 2013 it changed the target to 2%. Can monetary authorities target any rate?

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Macroeconomics Policy And Practice

ISBN: 9781292019598

2nd Global Edition

Authors: Frederic S Mishkin

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Question Posted: Nov 13, 2024 07:00 AM

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Up to 2012 the Japanese central bank was targeting a 1% inflation rate, but in 2013 it changed the target to 2%. Can monetary authorities target any rate?
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Up to 2012 the Japanese central bank was targeting a 1% inflation rate, but in 2013 it

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Macroeconomics Policy And Practice

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