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Basic Question 0 of 11
One of the crucial ingredients for an effective central bank to implement inflation targeting is ______.
B. credibility
C. prudence
A. consistency
B. credibility
C. prudence
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Learning Outcome Statements
describe qualities of effective central banks;
contrast the use of inflation, interest rate, and exchange rate targeting by central banks;
CFA® 2024 Level I Curriculum, Volume 2, Module 12.