Conclusion of Econ essay about Price Level targeting

Conclusion of Econ essay about Price Level targeting

white a generalized conclusion and answer the question if needed

· Price Level targeting

Which growth rate of the price level would be targeted?

If the central bank misses the price level target, does it continue to try to hit the old path for the price level or does the central bank try to hit the growth rate without worrying about the past?

Is there an escape valve for if unemployment gets too high?

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