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Which of the Following Is Not an Element of Inflation

Question 72

Multiple Choice

Which of the following is not an element of inflation targeting?


A) a public announcement of medium-term numerical targets for inflation
B) an institutional commitment to price stability as the primary long-run goal
C) an information-inclusive approach in which only monetary aggregates are used in making decisions about monetary policy
D) increased accountability of the central bank for attaining its inflation objectives

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