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)).