Multiple Choice
The record of inflation targeting in Australia since it began in the mid-1990s indicates that
A) inflation is always between 2 to 3 per cent.
B) inflation is rarely within the target range of 2 to 3 per cent.
C) inflation is never in the target range.
D) inflation is inside the target most of the time.
E) None of the above.
Correct Answer:
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