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Evaluate the chances of success for this approach and why

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Reference no: EM132177290

Recall the criteria for a well-designed central banks. Now suppose a central banker asserts that the best way to expand the economy is to keep policy a surprise. So policymaker might announce a policy change, but not follow through or do something different. How would you evaluate the chances of success for this approach and why?

Reference no: EM132177290

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