All of the following arguments are presented in favor of inflation targeting EXCEPT
A) it would draw attention to what the central bank can achieve in practice.
B) it would provide an anchor for inflationary expectations.
C) it would promote accountability by providing a yardstick by which policy can be measured.
D) it would reduce the lags inherent in monetary policy.
D
Economics
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An aggregated demand curse is created by summing the _________ on the individual demand _________.
Fill in the blank(s) with the appropriate word(s).
Economics
A single supplier of a good or service for which there is no close substitute is referred to as a(n)
A. strategic competitor. B. oligopoly. C. monopoly. D. monopolistic competitor.
Economics