When Central Bankers Are Acting Preemptively They Are

question 105

Multiple Choice

When central bankers are acting preemptively they are:

• A)Letting markets work and taking a wait and see approach
• B)Aggressively trying to hit a zero inflation target
• C)Usually focused on reducing expansionary gaps
• D)Taking bold steps to push the economy into recovery and thus avoid the problems associated with deflation

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Definitions:

UI

Universal Instantiation, a logical rule of inference stating if something is true for everything in a category, it is true for any specific instance of that category.

Quantifier-Negation Rule

A principle in formal logic that deals with the relationship between quantifiers and the negation of statements.

Quantifier

A symbol or word in logic that specifies the quantity of specimens in the domain of discourse that satisfy an open formula.

Negation

The contradiction or denial of something, or the operation of inverting the truth value in logic.