The Adoption of Inflation Targeting in the United States ________

question 7

Multiple Choice

The adoption of inflation targeting in the United States ________.

• A)brought an end to the "dual mandate" regime
• B)resulted from legislation enacted in 1914
• C)occurred after its adoption in more than a dozen other countries
• D)was blocked by its staunch opponent,Ben Bernanke

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Definitions:

Advocating

The act of supporting or arguing in favor of a particular cause, policy, or interest to influence public opinion or policy.

Lobbying Effort

The act of attempting to influence the decisions made by officials in the government, usually by different lobbying groups or individual lobbyists.

Unrestricted

Not limited or constrained; free from conditions or restrictions.

Revenues

The income generated from normal business operations, often from the sale of goods and services to customers.