If people believe that the central bank will be successful in keeping inflation on target, does it

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If people believe that the central bank will be successful in keeping inflation on target, does it matter which of the above two rules is used? Explain.

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 09:24 AM

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If people believe that the central bank will be successful in keeping inflation on target, does it

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In either case if expected inflation is at the target rate then given that the expected rate of infl...View the full answer

Economics

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