In the year 2014, the real GDP of Country A was $12.3 trillion. The nominal GDP calculated in the same year was $13.53 trillion. The value of the GDP deflator for Country A in 2014 was:

Refer to the figure above. Which of the following combinations is attainable as well as efficient?

A) B B) C C) D D) E

Even a monetary policy based on a rigid high-powered money growth rate rule can lack policy credibility, due in part to ________, while a policy that targets the inflation rate itself ________

A) lags, must have policy credibility by definition B) lags, can lack credibility due to both lags and multiplier certainty C) multiplier uncertainty, must have policy credibility by definition D) multiplier uncertainty, can lack credibility due to both lags and multiplier uncertainty