Most economists agree that the target rate of inflation for the central banks should be:

Question

Quizplus · Accepted Answer

Most economists agree that the target rate of inflation for central banks should be above zero due to concerns about deflation. A rate between 2-3% is typically considered a healthy target for central banks to maintain price stability while also promoting economic growth. Therefore, choices A, B, and D are incorrect as they do not align with current economic consensus.

Most Economists Agree That the Target Rate of Inflation for the Central