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Stephen Cecchetti Argues That Inflation Targeting Enhances Long-Term Economic Performance

Question 108

Multiple Choice

Stephen Cecchetti argues that inflation targeting enhances long-term economic performance because


A) it focuses the policy committee's debate.
B) discourages communication with politicians and the public at large.
C) it creates an environment where people believe inflation will be allowed to fluctuate.
D) it ignores fluctuations in employment.

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