The Steeper the Central Bank Reaction Function,the ________ the Central

Multiple Choice

The steeper the central bank reaction function,the ________ the central bank increases the interest rate in response to the current inflation rate being above the target inflation rate and the ________ the central bank decreases the interest rate in response to the actual inflation rate being below the target inflation rate.

A) more; more
B) more; less
C) less; more
D) less, less