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    Exam 13: A State-Centered Approach to Monetary and Exchange-Rate Policies
  5. Question
    Governments Can Easily Make Credible Commitments to Low Inflation If
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Governments Can Easily Make Credible Commitments to Low Inflation If

Question 12

Question 12

True/False

Governments can easily make credible commitments to low inflation if they want to because of the time-consistency paradox.

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