Respuesta :
The idea that each country should be allowed to choose its own inflation rate is called the monetary autonomy argument.
The correct option is d.
The ability of a nation's central bank to influence its own money supply and economic conditions is referred to as monetary autonomy. A central bank is free to manage the money supply under an exchange rate system with a floating exchange rate.
When it wants to cut domestic interest rates to encourage investment and economic growth, it can increase the money supply. It could also be able to lower a rising unemployment rate by doing this.
In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. As the general price level rises, each unit of currency may buy fewer goods and services, hence inflation is related to a reduction in the purchasing power of money.
The complete question is:
The idea that each country should be allowed to choose its own inflation rate is called the ________ argument.
a. monetary discipline
b. rigid economy
c. trade balance
d. monetary autonomy
To learn more about inflation, refer
https://brainly.com/question/29308595
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