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:

TPSs

Transaction Processing Systems, which are software and hardware systems designed for processing business transactions efficiently and accurately.

SaaS

Software as a Service (SaaS) is a cloud computing model that delivers software applications over the internet, on a subscription basis.

Cloud-Based ERP

Enterprise Resource Planning systems hosted on remote servers, providing businesses with access to applications and services via the internet, offering scalability and flexibility.

Integrates Existing Systems

The process of combining various subsystems or components into one large system, ensuring they work together.