Which of the Following Central Banks Does Not Have an Explicit

question 149

Multiple Choice

Which of the following central banks does not have an explicit inflation target?

• A)The Bank of England
• B)The Federal Reserve
• C)Swiss National Bank
• D)European Central Bank
• E)The Reserve Bank of India

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Definitions:

Adrenal Gland

A pair of endocrine glands located above the kidneys that produce hormones such as adrenaline and cortisol, which help control heart rate, blood pressure, and other important bodily functions.

Pineal Gland

A small endocrine gland in the brain that produces melatonin, a hormone that affects the modulation of wake/sleep patterns and photoperiodic (seasonal) functions.

Pituitary Gland

A small endocrine gland located at the base of the brain, responsible for the production and release of hormones that regulate various bodily functions.

Hormones

Chemical messengers produced by glands in the endocrine system, traveling through the bloodstream to target organs, affecting various physiological processes and behaviors.