Because of the Volatility of Food and Energy Prices,the Bank

Multiple Choice

Because of the volatility of food and energy prices,the Bank of Canada pays more attention in the short run to changes in ________ than to changes in ________.

A) total CPI inflation; core inflation
B) total CPI inflation; inflation of the GDP deflator
C) inflation of the GDP deflator; total CPI inflation
D) core inflation; total CPI inflation
E) the nominal exchange rate; the real exchange rate