The Reserve Bank of New Zealand Act Is Unusual in That

Multiple Choice

The Reserve Bank of New Zealand Act is unusual in that it only specifies

A) inflation as a policy objective and because it empowers the legislature to remove the central bank governor if the objectives are not met.
B) inflation as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.
C) real output as a policy objective and because it empowers the legislature to remove the central bank governor if the objectives are not met.
D) real output as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.
E) money supply targeting as a policy objective and because it empowers the prime minister to remove the central bank governor if the objectives are not met.