Critics of Inflation Targeting Worry That If the Fed Focuses

question 21

Multiple Choice

Critics of inflation targeting worry that if the Fed focuses only in fighting inflation:

• A) Congress would have nothing left to fight.
• B) Congress would have no tools to fight a boom.
• C) Congress would have no tools left to fight a deficit.
• D) Congress would have no tools to fight a recession.

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Definitions:

Bribe

An illicit payment made to someone to persuade them to act in one's favor by doing something dishonest or illegal.

Support Shift

A change in public or organizational support, often referring to political, social, or economic preferences shifting among individuals or groups.

Washington, D.C.

The capital city of the United States, known for being the seat of the federal government, including the President, Congress, and the Supreme Court.