The federal reserve has not formally adopted inflation


1. The Federal Reserve has not formally adopted inflation targeting.

True

False

2. The inflation target, stated or implicit, is usually around 2%.

True

False

3. A central bank would lower interest rates to

A. Decrease inflation.

B. Raise unemployment.

C. Stimulate GDP growth

D. All of the above.

4. The Federal Reserve chairman credited with ending the Great Inflation is

A. Ben Bernanke.

B. Alan Greenspan.

C. Paul Volker.

D. None of the above.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: The federal reserve has not formally adopted inflation
Reference No:- TGS01041652

Expected delivery within 24 Hours