In Practice, the ECB Has Committed to What Type of Strategy

question 76

Multiple Choice

In practice, the ECB has committed to what type of strategy for monetary policy?

• A)inflation targeting
• B)monetary targeting
• C)unclear as to inflation or monetary targeting
• D)exchange rate targeting

---

Definitions:

Chemical Senses

Sense modalities including taste and smell, which involve the detection of chemicals in the environment and play a critical role in the experiences of flavor and scent.

Gestalt Principle

A concept in psychology that proposes the mind integrates patterns and objects into whole forms rather than perceiving the parts separately.

Good Continuation

A Gestalt principle of perceptual organization that states that elements that appear to follow in the same direction are more likely to be seen as a continuous whole.

Contiguity

A principle of learning based on the idea that events occurring together in time or space are readily associated with each other.