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Read the articleNGDP Targeting: The Very Latest Econo-Vogueby Terence Corcoran inThe Financial Poston November 1, 2011. Use the concepts you have learned in this module,

Read the articleNGDP Targeting: The Very Latest Econo-Vogueby Terence Corcoran inThe Financial Poston November 1, 2011.

Use the concepts you have learned in this module, analyze the statements and post your responses to the following two questions in the discussion forum.

StudyQuestions

How can NGDP targeting be an monetary policy?

Discuss one of the advantage and disadvantage of using NGDP targeting.

200 words

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