What is a nominal anchor? Why can a nominal anchor help promote price stability? Can you list some commonly-used nominal

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answerhappygod
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What is a nominal anchor? Why can a nominal anchor help promote price stability? Can you list some commonly-used nominal

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What is a nominal anchor? Why can a nominal anchor help promote
price stability? Can you list some commonly-used nominal anchors?
Some economists argue that, compared to other nominal anchors,
inflation targeting is more effective in containing inflation.
Evaluate this argument.
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