It is obvious
that the fraction b 2/(y + b )2 is less than 1, as a result the term b 2/
(y + b )2´k/16 b is the lowest term among the policy actions reported in
table (1)29. The existence of the inability of central banks or quasi fiscal
activities make the value of inflation rate higher in island (i) compared
with that across all islands (equations (20) through (23)).