In order to use inflation targeting, a central bank must:
a. be independent of fiscal policy.
b. be dependent on fiscal policy.
c. focus on money supply.
d. focus on unemployment.
e. focus on stable exchange rates.
a
Economics
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Increase in the real interest rate will ________ the expenditure curve:
A) decrease. B) increase. C) not change. D) none of the above.
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Using economic analysis to help understand world issues
a. assumes that all decision makers use detailed economic analysis b. highlights the role of choice when resources are scarce c. has unlimited application d. is not appropriate because reality is too complex for economic modeling e. typically enables one nation to gain only when another nation loses
Economics