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In Its Most Recent Attempt in Lowering the Inflation Rate

Question 63

Multiple Choice

In its most recent attempt in lowering the inflation rate, the Bank of Canada announces explicit targets for the rate of change in the CPI, because the CPI ________.


A) is the most commonly used and understood price measure in Canada
B) comes out monthly and without revisions, whereas other price measures are frequently revised
C) A and B only.
D) None of the above.

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