Even a Monetary Policy Based on a Rigid High-Powered Money

question 48

Multiple Choice

Even a monetary policy based on a rigid high-powered money growth rate rule can lack policy credibility,due in part to ________,while a policy that targets the inflation rate itself ________.

• A)lags,must have policy credibility by definition
• B)lags,can lack credibility due to both lags and multiplier certainty
• C)multiplier uncertainty,must have policy credibility by definition
• D)multiplier uncertainty,can lack credibility due to both lags and multiplier uncertainty

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Definitions:

Attracting

The process of drawing interest to a product, service, or entity, often involving marketing strategies or talent acquisition efforts.

Retaining

The act of holding back or keeping something in position, often used in the context of maintaining employees or resources.

Development and Training

Programs aimed at improving the efficiency and abilities of personnel in an organizational setting.

Key Human Resource Practices

Fundamental HR functions and processes that are critical for the effective management and development of the workforce, including hiring, training, performance assessment, and employee relations.