[Answer] What is the most common target inflation rate for an advanced economy?

Answer: 0.02
What is the most common target inflation rate for an advanced economy?

Early proposals of monetary systems targeting the price level or the inflation rate rather than the exchange rate followed the general crisis of the gold standard after World War I. Irving Fisher proposed a “compensated dollar” system in which the gold content in paper money would vary with the price of goods in terms of gold so that the price level in terms of paper money would stay fixed. Fisher’s proposal was a first attempt to target prices while retaining the automatic functioning of the gold standard. In his Tract o…

In economics inflation (or less frequently price inflation ) is a general rise in the price level in an economy over a period of time. When the general price …

Inflation – Wikipedia

Nominal income target – Wikipedia

Inflation – Wikipedia

List of countries by inflation rate – Wikipedia

Inflation targeting – Wikipedia

This is a list of cities and states sorted by the CIA-based inflation rate . Inflation rate is defined as the annual percent change in consumer prices compared …

The inflation rate is most widely calculated by determining the movement or change in a price index typically the consumer price index. The inflation rate is …

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