The Object of Inflation Targeting Is for a Country's Central

question 112

Multiple Choice

The object of inflation targeting is for a country's central bank to try to keep the inflation rate near

• A) the country's historical average economic growth rate.
• B) some predetermined level.
• C) the country's historical average inflation rate.
• D) the country's historical average unemployment rate.

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Definitions:

Legal Rules

Principles or guidelines established by authority, society, or custom, which are enforceable through legal institutions.

Foreign

Related to or originating from a country different from the one being referred to, often implies external or outside influence or components.

Alien Corporations

Companies that are incorporated in one country but do business in another.

Professional Corporation Acts

Specific laws enacted to regulate the formation and operation of corporations providing professional services, like legal or medical practices.