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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
النسخة 10الرقم المعياري الدولي: 978-0132763646The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
النسخة 10الرقم المعياري الدولي: 978-0132763646 تمرين 9
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Suppose the statistical office of a country does a poor job in measuring inflation and reports an annualized inflation rate of 4% for a few months, while the true inflation rate has been around 2.5%. What would happen to the central bank's credibility if it is engaged in inflation targeting and its target wAS₂%, plus or minus 0.5%?
Suppose the statistical office of a country does a poor job in measuring inflation and reports an annualized inflation rate of 4% for a few months, while the true inflation rate has been around 2.5%. What would happen to the central bank's credibility if it is engaged in inflation targeting and its target wAS₂%, plus or minus 0.5%?
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The central bank's 
because it had a poo...
The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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