In Its Most Recent Attempt in Lowering the Inflation Rate

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 "core CPI," because ________.

A) core CPI excludes volatile components, such as food, energy, and the effect of indirect taxes
B) core inflation is useful in assessing whether trend inflation is on track for the medium term
C) A and B only.
D) None of the above.