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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997 Exercise 16
"A central bank with a dual mandate will achieve lower unemployment in the long run than a central bank with a hierarchical mandate in which price stability takes precedence." Is this statement true, false, or uncertain?
Explanation
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Dual and hierarchical mandates and attai...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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