Answering the problem without using superfluous words.

1. Ms. M once said, "for inflation targeting to work well, expansionary monetary policy must be resorted". This statement was rebutted by Ms. N by claiming that inflation targeting is not the primary job of the Bangko Sentral ng Pilipinas. This is the primary function of the businessmen. Who is correct? Begin your answer by saying; Ms. M, or Ms. N, or Both of them, or None of them. Then state your reasons