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Inflation targeting is when the central bank: Question 5Answer a. commits to achieving a publicly announced rate of inflation. b. commits to a fixed rate
Inflation targeting is when the central bank: Question 5Answer a. commits to achieving a publicly announced rate of inflation. b. commits to a fixed rate of growth for the money supply. c. aims to achieve a target rate of inflation which is never announced publicly. d. targets the same rate for inflation at all times during the economic cycle
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