Multiple Choice
When a central bank targets inflation, its inflation targets are usually specified as
A) a range for the inflation rate.
B) a specific inflation rate target, for example, 1 percent.
C) deviations from the inflation rate.
D) a point on the short-run Phillips curve.
E) the short-term interest rate rate minus 2 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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