When compared to the Fed's ________ anchor approach,________ targeting can make the institutional framework for the conduct of monetary policy more consistent with democratic principles.
A) nominal; inflation
B) implicit; monetary
C) nominal; monetary
D) implicit; inflation

Question

Quizplus · Accepted Answer

Inflation targeting is more transparent and accountable, aligning with democratic principles, compared to the Fed's implicit anchor approach.

When Compared to the Fed's ________ Anchor Approach,________ Targeting Can

When Compared to the Fed's Anchor Approach, Targeting Can