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    Economics for Business
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    Exam 13: Inflation, Output and Economic Policy
  5. Question
    If a Central Bank Persistently Fails to Deliver the Target
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If a Central Bank Persistently Fails to Deliver the Target

Question 64

Question 64

True/False

If a central bank persistently fails to deliver the target inflation rate, then long-term inflationary expectations are likely to be different from the target rate.

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