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Which of the following reasons explain why central banks raising their inflation targets might be a bad idea? Group of answer choices Raising inflation targets
Which of the following reasons explain why central banks raising their inflation targets might be a bad idea?
Group of answer choices
Raising inflation targets will lead to lower interest rates.
Raising inflation targets will lead to higher interest rates.
Higher inflation imposes more cost on society.
Raising inflation targets may create uncertainty that the banks may raise their inflation targets again.
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