When the central bank announces the inflation rate that it will achieve over the next one to four years, it is following a strategy known as
a. inflation targeting.
b. money targeting.
c. real business cycle targeting.
d. a currency board.
Answer: A
When the central bank announces the inflation rate that it will achieve over the next one to four years, it is following a strategy known as
a. inflation targeting.
b. money targeting.
c. real business cycle targeting.
d. a currency board.
Answer: A