The adoption of inflation targeting in the United States ________
A) brought an end to the "dual mandate" regime
B) resulted from legislation enacted in 1914
C) occurred after its adoption in more than a dozen other countries
D) was blocked by its staunch opponent, Ben Bernanke
C
Economics
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If a firm buys a specialized metal stamping machine that will last 4 years for $125,000 and cannot resell it, the sunk cost is
A) $0. B) $31,250. C) $125,000. D) $93,750.
Economics
The ability to deter entry requires
A) a credible threat that if entry occurs the firm is willing to produce more than they would otherwise. B) a credible threat that if entry occurs the firm will not produce more than they would otherwise. C) a good lawyer. D) a clever accounting department.
Economics