The ECB's Governing Council Has Price Stability as a Primary

question 43

Multiple Choice

The ECB's Governing Council has price stability as a primary objective. It has defined price stability as:

• A) a zero rate of inflation.
• B) an inflation rate less than 5 percent.
• C) an inflation rate below, but close to, 2 percent over the medium term.
• D) an inflation rate in the three to five percent range.

---

Definitions:

Acid Base

Refers to the concepts in chemistry dealing with the balance between acids and bases in a solution, affecting pH levels.

Carbonated Beverages

Drinks that contain dissolved carbon dioxide gas, creating bubbles and fizz when opened.

Golgi Apparatus

An organelle in cells responsible for sorting, modifying, and packaging proteins and lipids for delivery to targeted destinations.

Carbohydrates

Organic compounds occurring in foods and living tissues, including sugars, starch, and cellulose, which are a major source of energy for the human body.