Which of the Following Central Banks Does Not Have an Explicit

question 118

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) the Swiss National Bank
• D) the European Central Bank
• E) the Reserve Bank of India

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Definitions:

Cross-sectional Studies

Cross-sectional studies are observational studies that analyze data from a population, or a representative subset, at a specific point in time.

Intelligence

The capacity for learning, understanding, problem-solving, and adapting to new situations using various cognitive processes.

Unrepresentative Sample

A sample that does not accurately reflect the characteristics of the larger population from which it is drawn, potentially leading to biased results.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together.