Current Monetary Arrangements in Hong Kong Are Centered on

question 33

Multiple Choice

Current monetary arrangements in Hong Kong are centered on

• A) a central bank with considerable discretion in combating business cycle fluctuations.
• B) explicit targets for growth rates of the monetary aggregates.
• C) a pure currency board with no discretion.
• D) a currency board without legally binding future commitments.
• E) explicit inflation targets.

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Definitions:

Observations

The collection of data or information obtained through watching, measuring, or recording something.

Coefficient Of Kurtosis

A statistical measure that describes the shape of a distribution's tails in relation to a normal distribution.

Dispersion

A measure of the spread of a distribution, indicating how far the data points are from the mean.

Coefficient Of Kurtosis

A measure of the "tailedness" of the probability distribution of a real-valued random variable.