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:

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that establishes a comprehensive framework for international commerce.

Contracting Parties

The individuals, companies, or entities that enter into a contract agreement, thereby assuming certain obligations and responsibilities outlined in the contract.

Uniformity

Uniformity refers to the state or quality of being uniform; identical or consistent in all cases and at all times.

Transactions

The action of conducting business, trade, or an agreement between two or more parties.