Price stability A)Is defined as a 0 percent rate of inflation in the Full Employment and Balanced Growth Act of 1978. B)Is targeted at a 3 percent rate of inflation by Alan Greenspan,the head of the Federal Reserve. C)Has been officially set by Congress at 3 percent or less. D)Has been achieved consistently in the 20^th century in the United States.

Question

Quizplus · Accepted Answer

Price stability has been officially set by Congress at 3 percent or less, as a general target for maintaining low and stable inflation.

Price Stability