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A typical feature of the monetary policy regime called inflation targeting is the transfer of the focus in decision making from the ____________ to one

A typical feature of the monetary policy regime called “inflation targeting” is the transfer of the focus in decision making from the ____________ to one of the ____________ of monetary policy, namely ________________.

a.

intermediate targets; ultimate goals; price stability

b.

interest rates; monetary aggregates; inflation

c.

GDP growth; measures of unemployment; natural rate of unemployment

d.

ultimate goals; intermediate targets; relative prices

e.

GDP growth; measures of inflation; core inflation


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