The object of inflation targeting is for a country's central bank to try to keep the inflation rate near
A) the country's historical average economic growth rate.
B) some predetermined level.
C) the country's historical average inflation rate.
D) the country's historical average unemployment rate.
B
Economics
You might also like to view...
If a firm in the long run produces less than its efficient scale, it
A) should raise its markup to increase its profit. B) should lower its markup to increase its profit. C) cannot be a perfectly competitive firm. D) should not advertise to increase its profit. E) must have its markup equal to zero.
Economics
Among the opportunity costs of a firm are all of the following EXCEPT
A) the owner's forgone wage. B) costs of resources bought in markets, such as labor. C) normal profits. D) economic profits.
Economics