• 2022-05-31
    In 2012,U.S.core inflation was 2.1 percent. This inflation rate
    A: is lower than the inflation rate the Fed accepts as creating stable prices.
    B: is about equal to the inflation rate the Fed accepts as creating stable prices.
    C: is more than 2 percentage points higher than the inflation rate the Fed accepts as creating stable prices.
    D: None of the above answers are correct because the Fed has never associated an inflation rate with stable prices.