Which of the Following Central Banks Does Not Follow an Inflation

question 8

Multiple Choice

Which of the following central banks does not follow an inflation rate targeting strategy?

• A)The Federal Reserve (the central bank of the United States)
• B)The Bank of Canada
• C)The Reserve Bank of Australia
• D)The Bank of England
• E)The European Central Bank (the central bank of the Eurozone)

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Definitions:

Interest Group

An organization or group of people who share common interests, goals, or aims and seek to influence public policy and decision-making processes to benefit those interests.

New Politics Movement

A movement aimed at promoting ethical standards, civil rights, and political reform in response to societal changes and challenges.

Public Interest

The welfare or well-being of the general public; often considered in the context of policy-making and law.

Overcoming

The act of successfully dealing with or gaining control over something difficult.