One advantage of inflation targeting is that with inflation targeting,the public knows the target in advance and uncertainty is reduced.

Question

Quizplus · Accepted Answer

Inflation targeting involves setting a specific target for inflation and publicly communicating it to the public. This increases transparency and helps reduce uncertainty about future inflation, which can positively impact economic decisions and planning. Therefore, the statement is true.

One Advantage of Inflation Targeting Is That with Inflation Targeting,the