The "Anchor" That Sustains the Credibility of Monetary Policy Is

question 76

Multiple Choice

The "anchor" that sustains the credibility of monetary policy is ________.

• A)easily weighed during the slightest of macroeconomic storms
• B)composed of some indestructible substance
• C)necessary to avoid central bank independence
• D)available for scrutiny to all who care to observe

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Definitions:

Taboos

Social or cultural prohibitions or restrictions that dictate certain behaviors, practices, or discussions are unacceptable or forbidden within a community or society.

Mores

Socially accepted standards and customs that are considered essential to the well-being and functioning of a culture or society.

Folkways

Norms for routine or casual interaction; these are the everyday practices and customs that guide social behavior in a society.

Laws

Established rules of conduct enforced by governmental authority to maintain order and protect rights and properties.