Monetary policy in a virtual economy, 27 March

FEATURE - The Reserve Bank launches a web-based monetary policy computer simulation game today whereby the player fights inflation by controlling interest rates in a virtual economy. You play the Governor of the central bank and failure to keep inflation in check can mean you face the sack!

Click here to play the game

In the game on the Reserve Bank of New Zealand's web site you must keep inflation within a 3% band, 0-3%. The penalty for failure can include dismissal from your post. CentralBank

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