Statement 1:If inflation rate is within the target, policy change in necessary. Statement 2: If inflation rate differs from the target, policy change is necessary. * a. both statements are false b. only statement 2 is correct c. none of the choices d. both statements are correct e. only statement 1 is correct

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Statement 1:If inflation rate is within the target, policy change in necessary. Statement 2: If inflation rate differs from the target, policy change is necessary. *

a. both statements are false
b. only statement 2 is correct
c. none of the choices
d. both statements are correct
e. only statement 1 is correct

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