How does the ECB choose to define price stability?
A) Eurozone consumer price inflation of less than but close to 2% per year over the medium term
B) consumer price inflation of greater than but close to 3% per year over the medium term in all Eurozone countries
C) Eurozone consumer price inflation equal to 0% per year over the medium term
D) Eurozone consumer price inflation less than but close to 5% per year over the medium term
Ans: A) Eurozone consumer price inflation of less than but close to 2% per year over the medium term
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a. decrease in productivity b. increase in the rate of interest c. decrease in the rate of interest d. increase in productivity e. expectation that future prices will increase