If Congress Controlled Central Bank Decisions, It Would Have

question 16

Multiple Choice

If Congress controlled central bank decisions, it would have

• A)a short-run incentive to lower the target rate of inflation.
• B)no political incentive to adjust the target rate of inflation in the short run.
• C)a long-run incentive to lower the target rate of inflation.
• D)a long-run incentive to raise the target rate of inflation.
• E)a short-run incentive to raise the target rate of inflation.

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