In an Attempt to Manage Expectations,a Central Bank May Prefer

question 30

Multiple Choice

In an attempt to manage expectations,a central bank may prefer to announce an unconditional commitment,because an unconditional commitment ________ than a conditional commitment.

• A)is inherently more credible
• B)may have an impact on expectations that is stronger
• C)places fewer constraints on policy makers
• D)is less likely to have unintended consequences

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Definitions:

Subversive Culture

Cultural practices or movements that challenge, undermine, or resist authority, societal norms, or dominant ideologies.

World's Defining Criteria

Refers to the standards or benchmarks used to categorize or evaluate the significance and characteristics of global phenomena.

Thinness

The quality or state of being thin, which can be associated with various social, cultural, and health implications within different contexts.

Linguistic Determinism

Language determines how we perceive the world.