Inflation targeting refers to conducting ________ policy so as to commit the central bank to achieving a ________
A) fiscal; publicly announced level of inflation
B) fiscal; zero inflation rate
C) monetary; publicly announced level of inflation
D) monetary; zero inflation rate
Answer: C
You might also like to view...
When changes in taxes and government purchases occur in the economy without explicit action by Congress, such changes are referred to as
A. discretionary fiscal policy. B. automatic stabilizers. C. cyclical stabilization. D. implicit stabilization.
Which of the following occurs when there was a shortage of supply in a centrally planned economy?
a. Central planners reduced the amount supplied to each sector b. Shoppers waited in long lines at retail stores c. Store shelves were empty d. Shop operators expected "tips" or bribes for supplying scarce consumer goods e. All of the answers are correct
Double-entry bookkeeping is a system of accounting in which:
a. it is ideal for credits to be greater than debits. b. it is ideal for debits to be greater than credits. c. each transaction is recorded in the same account twice. d. only foreign and domestic accounts are used. e. the debit total must equal the credit total for the transactions as a whole.
Which of the following is the best example of an oligopolistic? industry?
A) public education
B) the beef market
C) the beauty products industry
D) the pharmaceutical industry