Opponents of inflation targets believe that:
A)such targets will encourage workers to shirk work.
B)such targets will lead to unsustainable economic growth.
C)such targets will lead the Fed to pay less attention to jobs and economic growth.
D)such targets will cause international competitiveness to be lost and the value of savings to be reduced.
E)such targets would prevent investors from investing in profitable ventures.

Question

Quizplus · Accepted Answer

Opponents of inflation targets believe that such targets will lead the Fed to pay less attention to jobs and economic growth. They argue that the focus on inflation may lead to an overly restrictive monetary policy, which could harm employment and economic growth.

Opponents of Inflation Targets Believe That