How does the central bank's credibility affect its choice of rapid or gradual disinflation? Can you suggest

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How does the central bank's credibility affect its choice of rapid or gradual disinflation? Can you suggest policies for the central bank to build its credibility?

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Macroeconomics

ISBN: 9780134167398

9th Edition

Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore

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Question Posted: Apr 30, 2024 01:01 AM

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How does the central bank's credibility affect its choice of rapid or gradual disinflation? Can you suggest

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The central banks credibility plays a crucial role in its choice between rapid or gradual disinflation strategies Credibility refers to the publics belief in the central banks commitment to its stated ...View the full answer

Macroeconomics

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