Question
Now, conventional western wisdom holds that by raising or lowering interest rates, central banks can curb or _____________ inflation. Apart from the immediate impact of rate changes, central bankers supposedly _____________ the power to anchor future inflationary expectations by signalling the future course of interest rates. _____________, some economists believe that the central bank _____________ only one aim: to target inflation, and not get distracted by other tasks like influencing GDP growth or exports.
Answer: Option A
Answer: (a)
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Answer: (a)
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