The adoption of inflation targeting in the United States ________.
A)brought an end to the "dual mandate" regime
B)resulted from legislation enacted in 1914
C)occurred after its adoption in more than a dozen other countries
D)was blocked by its staunch opponent,Ben Bernanke

Question

Quizplus · Accepted Answer

The adoption of inflation targeting in the United States occurred after its adoption in more than a dozen other countries. The Federal Reserve did not formally adopt an inflation targeting regime until 2012, making it one of the last major central banks to do so.

The Adoption of Inflation Targeting in the United States ________