One of the Factors That Contributed to the Success German

question 70

Multiple Choice

One of the factors that contributed to the success German policymakers had using a monetary targeting type policy was that

• A)they used a rigid target for the money growth rate.
• B)they implemented policy so their inflation rate goal was met in the short run.
• C)the money target was flexible to allow the Bundesbank to concentrate on other goals as needed.
• D)they rarely communicated the intentions of policy to the public in order to keep the public from panicking.

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Definitions:

Internal-Based Strategies

Strategies focused on leveraging a company's internal strengths and resources to achieve business objectives.

Market Share

The share of the market's total sales volume that is held by a specific brand, product, or company.

Competitor-Oriented Objective

Goals set by a company with a focus on outperforming competitors, often through pricing strategies, product features, or marketing efforts.