Which of the following issues is a concern that critics express about the use of an inflation target?
A) It encourages a focus on inflation at the expense of employment and real GDP growth.
B) It encourages a focus on real GDP growth at the expense of employment and of inflation.
C) The policy control rests in the hands of elected officials rather than in the hands of public servants.
D) The policy control rests in the hands of public servants rather than in the hands of elected officials.
Correct Answer:
Verified
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