Which of the Following Is Not an Element of Inflation

question 72

Multiple Choice

Which of the following is not an element of inflation targeting?

• A)a public announcement of medium-term numerical targets for inflation
• B)an institutional commitment to price stability as the primary long-run goal
• C)an information-inclusive approach in which only monetary aggregates are used in making decisions about monetary policy
• D)increased accountability of the central bank for attaining its inflation objectives

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Definitions:

Pottery

The craft or profession of making objects from clay, fired at high temperatures to create bowls, vases, and other artifacts.

Primary Invention

The original creation of a new process, method, or device that significantly alters how people live or interact with their environment.

Secondary Innovation

The deliberate application or modification of an existing idea, method, or device.

Paleolithic Period

An era in prehistory, also known as the Old Stone Age, marked by the use of stone tools by early humans.