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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985

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BuyFindarrow_forward

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985
Textbook Problem

Why are some economists against a target of zero inflation?

To determine

Criticism on zero inflation targets.

Explanation

Some economists are against the target of zero inflation because they claim that moderate inflation imposes only small costs on society and the costs of reaching zero inflation (costs of recession necessary to reduce inflation) are large...

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