Approaches to Establishing Central Bank Credibility Include

question 27

Multiple Choice

Approaches to establishing central bank credibility include

• A)inflation targeting.
• B)nominal GDP targeting.
• C)central bank independence.
• D)appointment of a more conservative central banker.
• E)all of the above.

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Definitions:

Output Contract

A legal agreement in which a seller agrees to sell all the production to a particular buyer, who in turn agrees to purchase the entire output.

Needs Contract

A contract or agreement tailored to address and fulfill specific needs of the parties involved.

Good Faith

Acting with honest intentions without seeking to take unfair advantage in a transaction or situation.

Rule Of Requirements

A principle in contract law that dictates a seller must supply only the quantity of goods that a buyer requires, no less and no more.