In 2012,U.S.core inflation was 2.1 percent.This inflation rate
A) is lower than the inflation rate the Fed accepts as creating stable prices.
B) is about equal to the inflation rate the Fed accepts as creating stable prices.
C) is more than 2 percentage points higher than the inflation rate the Fed accepts as creating stable prices.
D) None of the above answers are correct because the Fed has never associated an inflation rate with stable prices.
Correct Answer:
Verified
Q1: In the short run, the Federal Reserve
Q3: Which of the following is one of
Q4: The core inflation rate,measured by the core
Q8: To determine whether the goal of stable
Q9: The Fed's goals include
A) open market operations.
B)
Q10: Ben Bernanke has been more precise than
Q11: Ben Bernanke has suggested that a core
Q13: Federal Reserve monetary policy goals include
A) ensuring
Q17: The output gap is the
A) percentage deviation
Q20: Which of the following is the most
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