Question 1: Which of the following is NOT part of the monetary policy framework adopted by the Bank of England or the Reserve Bank of New Zealand? a. Price stability is explicitly recognised as the primary objective of monetary policy. b. The ination target is set independently by the central bank. c. Transparency, i.e. the central bank shall implement monetary policy in a consistent and transparent manner. (1. Accountability, i.e. the central bank shall be llly accountable for its judgements and actions in implementing monetary policy. e. None of the answers