Question

Here is a chart from the ILBE function displaying U.S. 10-year inflation expectations as of early 2019. At the point in time shown, where is the country's 10 -year inflation expectation in relation to the Central Bank's inflation target?
0.0239 % above
0.0439 % below
0.9561 % below
1.9561% above

Answer 1

The attached graph shows that the inflation target as 0.0439% and below.

What is inflation?

• The rate at which the cost of goods and services increases is known as inflation.
• Demand-pull inflation, cost-push inflation, and built-in inflation are the three categories into which inflation is sometimes divided.
• The Consumer Price Index and the Wholesale Price Index are the two most often used inflation indexes.
• Depending on the viewpoint and rate of change, inflation can be perceived positively or negatively.
• Those who own tangible assets, such as real estate or stored commodities, may benefit from inflation since it will increase the value of their holdings.
• Inflation is caused by a rise in the supply of money, albeit this can happen through a variety of economic causes.

Hence, the correct answer is “Option B”, the inflation target as 0.0439% and below.

To learn more about inflation, refer to

brainly.com/question/1082634

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