Under inflation targeting, a central bank must pursue policies that
A) keep the inflation rate at a target value of zero.
B) keep the inflation rate at some specific target value.
C) keep the inflation rate within a specific target range.
D) lower the inflation rate, provided this can be done without raising the unemployment rate above a specified target value.
C
You might also like to view...
The Allowance for Bad Debts account has a credit balance of $4000 before the adjusting entry for bad debts expense. The company's management estimates that 5% of net credit sales will be uncollectible for the year 2019. Net credit sales for the year amounted to $280,000. What is the amount of Bad Debts Expense reported on the income statement for 2019?
A) $14,000 B) $18,000 C) $7000 D) $10,000
Justin purchased a soda pop because it looked good. He did not take the time to research all the different sodas on the market. If he doesn’t like it, he won’t lose much money. Justin made what kind of decision when purchasing the soda pop?
a. Tactical decisions b. Strategic decisions c. Operational decisions d. Satisficing decisions
Which of the following pollutants causes poor coordination and lack of alertness?
A) lead B) nitrogen oxide C) carbon monoxide D) sulfur dioxide
Which of the following is an advantage of a corporation?
A. It cannot make use of a business owner's personal property to pay the debts of the business. B. The tax advantages received in this form of business are unique. C. It gives unlimited powers to the owners. D. The procedures required by the government for its formation are not complex.