Price Level Stability

question 54

Multiple Choice

Price level stability

• A) is the most important tool of the Federal Reserve.
• B) is thought by most economists to be reached with a measured inflation rate of between 0 and 2 percent a year.
• C) has no relationship to growth in potential GDP.
• D) was attained by the Fed for the period between 1979 and 2001.

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Definitions:

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