Question: Inflation targets are usually specified as: a. a range for the inflation rate. b. a specific inflation rate target, for example, 1 percent. c. deviations

Inflation targets are usually specified as:

a. a range for the inflation rate.

b. a specific inflation rate target, for example, 1 percent.

c. deviations from the inflation rate.

d. the short-term interest rate minus 2 percent.

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