Which of the following characterizes intermediate targeting by central banks O increasingly, central banks are abandoning the use of explicit targets increasingly, central banks are exclusively targeting the money supply the Bank of England targets inflation the Federal Reserve targets short term interest rates the European Central Bank targets exchange rates

Which of the following characterizes intermediate targeting by central banks O increasingly, central banks are abandoning the use of explicit targets increasingly, central banks are exclusively targeting the money supply the Bank of England targets inflation the Federal Reserve targets short term interest rates the European Central Bank targets exchange rates

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter13: The Federal Reserve System

Section: Chapter Questions

Problem 11QP

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Question

Which of the following characterizes intermediate targeting by central banks
increasingly, central banks are abandoning the use of explicit targets
increasingly, central banks are exclusively targeting the money supply
the Bank of England targets inflation
the Federal Reserve targets short term interest rates
the European Central Bank targets exchange rates

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