When the central bank announces the desired inflation rate and sets policy to re

Question

When the central bank announces the desired inflation rate and sets policy to reach that rate, it is using: monetary neutrality policy, the Taylor rule, inflation targeting, fiscal policy. An increase in the money supply causes___in output in the short run and output in the long run. an increase; no change an increase; an increase no change; an increase no change; no change Monetary policy is similar among wealthy countries because the central banks of most countries: try to keep inflation between 2% and 3% per year, try to keep inflation between 5% and 6% per year. try to keep inflation between 0% and 2% per year.__ are trying to establish a single global currency. What distinction did Zimbabwe achieve in June 2008? It was the first African nation to become a democracy. It ended apartheid. It had the world's highest inflation rate. It had the world's highest unemployment rate. During hyperinflation in Germany in 1922-1923, prices rose at_per day. In the classical model, it is thought that the long-run: and short-run aggregate supply curves are both upward sloping, aggregate supply curve is vertical and the short-run aggregate supply curve is upward sloping. and short-run aggregate supply curves are both vertical. aggregate supply curve is upward sloping and the short-run aggregate supply curve is vertical.

Explanation / Answer

US and other wealthy countries' inflation target is generally 0-2%.

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