Which of the Following Is Not an Element of Inflation

question 15

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:

Personality

The assortment of characteristics that shape a person's unique disposition.

Mental Process

Operations of the mind that are involved in thinking, reasoning, perception, and judgment.

Unconscious Forces

Psychological influences of which individuals are not fully aware, but that affect thoughts, feelings, and behaviors.

Continuum

A continuum is a continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.