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Question:
(a) Under what conditions would a central bank be considered independent.
(b) Discuss the effects of delegating monetary policy making to an independent agent on current and expected inflation rates and output variability.
(c) How challenging is inflation targeting in the real life context? Explain.
the table shows gasoline rates in US
Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#
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