In the countries that have adopted inflation targeting, the inflation rate has typically
A)increased.
B)decreased.
C)decreased to zero.
D)not changed.
E)become less tied to changes in the business cycle.

Question

Quizplus · Accepted Answer

The goal of inflation targeting is to keep inflation at a low and stable level, usually around 2%. Therefore, countries that have adopted inflation targeting have typically seen a decrease in their inflation rate.

In the Countries That Have Adopted Inflation Targeting, the Inflation