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Basic Question 6 of 15

Which country's central bank does not target an explicit measure of inflation?

A. New Zealand
B. The United Kingdom
C. The United States
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User Contributed Comments 3

User Comment
Creep Ha! Yeah right =)
khalifa92 United States and Japan
khalifa92 lol, inflation-targeting might compromise other goals such maximum employment.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe qualities of effective central banks; contrast their use of inflation, interest rate, and exchange rate targeting in expansionary or contractionary monetary policy; and describe the limitations of monetary policy

CFA® 2024 Level I Curriculum, Volume 1, Module 4.