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valputin valputin
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8 years ago
One of the factors that contributed to the success German policymakers had using a monetary targeting type policy starting in the mid-1970s and continuing through the next two decades was that
A) the money target was flexible to allow the Bundesbank to concentrate on other goals as needed.
B) they used a rigid target for the money growth rate.
C) they rarely communicated the intentions of policy to the public in order to keep the public from panicking.
D) they implemented policy so their inflation rate goal was met in the short run.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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