1. We defined price stability and a dual mandate in class as examples of monetary policy objectives. In addition, a hierarchical mandate is one where inflation is the primary focus but there are secondary objectives beneath. These are three approaches for monetary policy. For the following countries identify which approach is taken, justifying your answer briefly: a) Canada; b) India; c) China; d) Australia; and e) Japan. (2-3 paragraphs. Utilize central bank online resources and cite appropriately)