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The Reserve Bank of New Zealand Act Is Unusual in That

Question 33

Multiple Choice
The Reserve Bank of New Zealand Act is unusual in that it only specifies

The Reserve Bank of New Zealand Act is unusual in that it only specifies


A) inflation as a policy objective and because it empowers the legislature to remove the central bank governor if the objectives are not met.
B) inflation as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.
C) real output as a policy objective and because it empowers the legislature to remove the central bank governor if the objectives are not met.
D) real output as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.
E) money supply targeting as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.

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