Inflation, rather than the price level or nominal GDP, is the policy target of choice for many

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Inflation, rather than the price level or nominal GDP, is the policy target of choice for many of the world’s central banks. Provide a reason why you think this is the case.

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Money Banking and Financial Markets

ISBN: 978-1259746741

5th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Jun 09, 2018 01:31 AM

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Inflation, rather than the price level or nominal GDP, is the policy target of choice for many

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Inflation uncertainty would likely be higher ...View the full answer

Money Banking and Financial Markets

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