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Tutorial Questions #8 ECON7200 1. What are the benefits of using a nominal anchor for the conduct of monetary policy? 2. What incentives arise for
Tutorial Questions #8 ECON7200 1. What are the benefits of using a nominal anchor for the conduct of monetary policy? 2. What incentives arise for a central bank to fall into the time-inconsistency trap of pursuing overly expansionary monetary policy? 3. Why would it be problematic for a central bank to have a primary goal of maximizing economic growth
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Economic Issues and Policy
Authors: Jacqueline murray brux
6th edition
9781337001977, 1285448774, 133700197X, 978-1285448770
