The policy of average-inflation targeting will automatically make monetary policy expansionary during periods of unexpectedly high inflation and contractionary during recessions. contractionary during periods of unexpectedly high inflation and expansionary during recessions. expansionary during both recessions and periods of unexpectedly high inflation. contractionary during both recessions and periods of unexpectedly high inflation

The policy of average-inflation targeting will automatically make monetary policy expansionary during periods of unexpectedly high inflation and contractionary during recessions. contractionary during periods of unexpectedly high inflation and expansionary during recessions. expansionary during both recessions and periods of unexpectedly high inflation. contractionary during both recessions and periods of unexpectedly high inflation

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter26: Monetary Policy

Section26.A: Policy Disputes Using The Self Correcting Aggregate Demand And Supply Model

Problem 4SQ

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