In the United Kingdom Accountability and Transparency for Its Central

question 37

Multiple Choice

In the United Kingdom accountability and transparency for its central bank is achieved by setting:

• A) a numerical target for unemployment each year.
• B) a numerical target for economic growth.
• C) numerical targets for economic growth and the exchange rate.
• D) an explicit numerical target for inflation.

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Definitions:

Extreme Levels

Highly unusual or exceeding the normal limits in intensity or severity.

Adjudication

A legal process where an arbiter or judge reviews evidence and argumentation to make a decision.

Dispute Resolution

A method or process used to resolve conflicts or disputes between parties.

Mutual Stake

The concept that parties involved in a situation or negotiation have shared interests or investments in the outcome.