1) Which of the following statements about inflation targeting is correct? Select one: a

1) Which of the following statements about inflation targeting is correct? Select one: a. If inflation is below the target the central bank increases the nominal interest rate to a level which immediately lowers the real rate to target b. If inflation is above the target the central bank raises the nominal interest rate to a level which increases the real interest rate. c. Inflation targeting was immediately abandoned after the 2009 financial crisis. d. Central banks with an inflation target ignore what is happening to output 2, in the Solow model which of these events cannot lead to a decrease in the standard of living? Assume that nothing else in the model changes. Select one: a. An increased reliance on artificial intelligence b. A higher birth rate in the population. c. An increase in the population growth. d. The discovery of a new oil well.