Inflation and the central bank independence - Inflation, central bank independence and the EMS
10 important questions on Inflation and the central bank independence - Inflation, central bank independence and the EMS
Why does a government have more incentive for surpise inflation than an independent central bank?
In inflation-income space, whose indifference curve is steeper? Central bank or government?
What two tools can be used to lower inflation?
More independence for central bank
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
Why would a country fix rules on how to handle macroeconomic conditions?
What is the formula for the Taylor Rule?
What is the most used method for reducing instrument potency?
What does a currency board do?
What happens when a currency is pegged under a crawling peg?
When a country switches from flex/fixed exchange rates to the other, and the SAS becomes steeper; which way did the country switch?
What is the producer price index?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding