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valputin valputin
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Posts: 5754
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8 years ago
The problems of raising the level of the inflation target include
A) it is more difficult to stabilize the inflation rate at a higher targeting level.
B) the costs of higher inflation in terms of the distortions it produces in the economy are high.
C) if the zero-lower-bound problem is rare, then the benefits of a higher inflation target are not very large.
D) all of the above.
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
wrote...
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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