Question
What is a nominal anchor? Why can a nominal anchor help promote price stability? Can you list some commonly-used nominal anchors? Some economists argue that,
What is a nominal anchor? Why can a nominal anchor help promote price stability? Can you list some commonly-used nominal anchors? Some economists argue that, compared to other nominal anchors, inflation targeting is more effective in containing inflation. Evaluate this argument.
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Quantitative Methods for Business
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
13th edition
1285866312, 978-0357685648, 978-1285866314
