Inflation Targeting Makes More Sense Than Unemployment Targeting,because ________

question 53

Multiple Choice

Inflation targeting makes more sense than unemployment targeting,because ________.

• A)monetary policies affect inflation,not unemployment
• B)expected unemployment is not a key determinant of the unemployment rate
• C)a commitment to avoid high inflation is inherently more credible than a commitment to avoid high unemployment
• D)most voters and most elected officials are more concerned about inflation

---

Definitions:

Human-Made

Created, caused, or influenced by humans rather than occurring in nature; synthetic or artificial.

Crystalline Solid

A solid material whose constituents, such as atoms, molecules, or ions, are arranged in an orderly repeating pattern.

Volcanic Glass

A type of rock that forms when lava cools too quickly for crystals to form, resulting in a smooth, glassy texture.

Crystals

Solid materials whose atoms are arranged in a highly ordered, repeating pattern extending in all three spatial dimensions.