The Fed Has Announced It Views Its Long Term Target

question 102

Multiple Choice

The Fed has announced it views its long term target for the inflation rate as:

• A)0 percent.
• B)2 percent.
• C)10 percent.
• D)5 percent.

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Definitions:

Rental Payment

The amount paid periodically by a tenant to a landlord in exchange for the use of property or land.

Primarily Rental Property

Real estate that is predominantly used for rental to others, rather than as the owner's primary residence.

Schedule E

A form used by the IRS for taxpayers to report income and losses from rental property, royalties, partnerships, S corporations, estates, and trusts.

Royalties

Payments made to the owners of intellectual property, such as authors, composers, and inventors, for the rights to use their intellectual property.