Concerns about a dual mandate include ________.
A) over expansionary policy
B) policies that lead to large output fluctuations
C) time-inconsistency problems
D) decreases in output and unemployment
Correct Answer:
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Q6: High unemployment _.
A) results in lower GDP
B)
Q7: New Zealand adopted inflation targeting in _.
A)
Q8: The importance of a nominal anchor is
Q9: Price stability is often the primary goal
Q10: The natural rate of output is also
Q12: Inflation leads to _.
A) price instability
B) lower
Q14: Hierarchical mandates _.
A) puts the goal of
Q15: Price stability is defined as _.
A) low
Q16: In the long-run, there is no trade-off
Q28: Which of the following is not an
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