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) core inflation; total CPI inflation
B) total CPI inflation; core inflation
C) total CPI inflation; inflation of the GDP deflator
D) inflation of the GDP deflator; total CPI inflation
E) the nominal exchange rate; the real exchange rate
Correct Answer:
Verified
Correct Answer:
Verified
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