Ending the "Great Inflation" era in the 1970s is an example of
A)inflation targeting.
B)exchange rate targeting.
C)central bank independence.
D)appointment of a more conservative central banker.
E)all of the above.

Question

Quizplus · Accepted Answer

The appointment of a more conservative central banker, such as Paul Volcker in the U.S., was a key factor in ending the "Great Inflation" by implementing tight monetary policies.

Ending the "Great Inflation" Era in the 1970s Is an Example