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    Exam 10: Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics
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    Hierarchical Mandates Can Cause a Problem That Mervyn King,Governor of the Bank
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Hierarchical Mandates Can Cause a Problem That Mervyn King,Governor of the Bank

Question 31

Question 31

Multiple Choice

Hierarchical mandates can cause a problem that Mervyn King,Governor of the Bank of England,refers to as an "inflation nutter," that can lead to large ________.


A) inflation spikes
B) output fluctuations
C) unemployment rates
D) economic growth

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