Inflation targeting a strategy in which the central bank pursues a. a certain numerical objective for output growth b. a certain numerical objective for unemployment c. a certain numerical objective for inflation d. a certain numerical objective for interest rates

Inflation targeting a strategy in which the central bank pursues a. a certain numerical objective for output growth b. a certain numerical objective for unemployment c. a certain numerical objective for inflation d. a certain numerical objective for interest rates

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter17: Stabilizing The National Economy

Section: Chapter Questions

Problem 24AA

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Question

Inflation targeting a strategy in which the central bank pursues

a certain numerical objective for output growth

a certain numerical objective for unemployment

a certain numerical objective for inflation

a certain numerical objective for interest rates

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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