If workers and firms experience an inflation rate of less than 2 percent for a long...

 

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If workers and firms experience an inflation rate of less than 2 percent for a long enough period, they are likely to believe that the A. inflation rate can't maintain this level for much longer and will rise. B. Fed's target rate is inevitable. C. inflation rate will remain below 2 percent in the future. D. inflation rate can't maintain this level for much longer and will fall further. If workers and firms experience an inflation rate of less than 2 percent for a long enough period, they are likely to believe that the A. inflation rate can't maintain this level for much longer and will rise. B. Fed's target rate is inevitable. C. inflation rate will remain below 2 percent in the future. D. inflation rate can't maintain this level for much longer and will fall further.

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