Which of the Following Is True of Inflation Targeting

Multiple Choice

Which of the following is true of inflation targeting?

A) it is conducted with openness rather than secrecy
B) it is a specific policy rule
C) it restricts policymakers' attention to one easily identified variable
D) it is a form of monetarism which relies on a relatively narrow interpretation of the Quantity Theory
E) though theoretically legitimate, it has not been adopted in practice by any major central banks