Which of the Following Accurately Describes the Fed's Inflation Target

question 44

Multiple Choice

Which of the following accurately describes the Fed's inflation target?

• A) It is implicit rather than explicit.
• B) It seeks to maintain an average inflation rate of 2% per year.
• C) It seeks to keep inflation at 2% all the time.
• D) Its goal is to achieve zero inflation.

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Definitions:

Storytelling

The act of narrating stories or events, often used as a powerful means to entertain, educate, or convey messages.

Business Communications

The sharing of information between people within and outside an organization, conducted for commercial benefits.

Well-Organized Manner

A methodical and structured approach to arranging or presenting information.

Business Communication

The sharing of information between people within and outside an organization that is performed for the commercial benefit of the organization.