Some central banks have explicit inflation targets, while others have implicit targets. a. In the context of
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a. In the context of topics discussed in this section, what is the advantage of having an explicit target?
b. What is the advantage of having an implicit target or no target at all?
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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