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As it is usually practiced, inflation targeting sets 1.

As it is usually practiced, inflation targeting sets

1. a specific inflation rate for the central bank to target and prohibits it from deviating from the target even when some shock pushes inflation away from that number.
2. a specific inflation rate for the central bank to target but allows it to deviate from the target when some shock pushes inflation away from that number.
3. sets some range of inflation rates for the central bank to target and prohibits it from deviating from that range even when some shock pushes inflation outside the range.
4. sets some range of inflation rates for the central bank to target but allows it to deviate from that range when some shock pushes inflation outside the range.


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1 comment
  • check and if found helpful then mark as best answer. thank you
    • vickyexpert
    • Jul 20, 2016 at 3:39am

4. sets some range of inflation rates for the central bank... View the full answer

3. sets some range of inflation rates for the central bank to... View the full answer

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