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 should not be zero, as deflation can lead to economic stagnation and increased debt burden. While there may not be a consensus on the exact number, a moderate level of inflation (around 2-3%) is generally seen as desirable to promote economic growth and stability. Choices A, B, and D are not supported by current economic theory and practice.

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