One of the Factors That Contributed to the Success German

Multiple Choice

One of the factors that contributed to the success German policymakers had using a monetary targeting type policy starting in the mid-1970s and continuing through the next two decades was that

A) they used a rigid target for the money growth rate.
B) they implemented policy so their inflation rate goal was met in the short run.
C) the money target was flexible to allow the Bundesbank to concentrate on other goals as needed.
D) they rarely communicated the intentions of policy to the public in order to keep the public from panicking.