Under what circumstances would adherence to an inflation target lead to (a) more stable interest rates, (b)

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Under what circumstances would adherence to an inflation target lead to

(a) more stable interest rates,

(b) less stable interest rates than pursuing discretionary demand management policy?

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 24, 2024 08:00 AM

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Under what circumstances would adherence to an inflation target lead to (a) more stable interest rates, (b)

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a This would occur if adhering to inflation targets was accompanied by a belief that inflation would ...View the full answer

Essential Economics For Business

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