Stephen Cecchetti Argues That Inflation Targeting Enhances Long-Term Economic Performance

question 8

Multiple Choice

Stephen Cecchetti argues that inflation targeting enhances long-term economic performance because

• A) it focuses the policy committee's debate.
• B) discourages communication with politicians and the public at large.
• C) it creates an environment where people believe inflation will be allowed to fluctuate.
• D) it ignores fluctuations in employment.