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    Macroeconomics Study Set 26
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    Exam 10: The Great Recession: a First Look
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    -Consider Figure 10
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-Consider Figure 10

Question 48

Question 48

Essay

  -Consider Figure 10.2 Which of the series is likely to be inflation? Which is core inflation? What is the cause of the sharp increases and decreases in the line with triangles?
-Consider Figure 10.2 Which of the series is likely to be inflation? Which is core inflation? What is the cause of the sharp increases and decreases in the line with triangles?

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Core inflation does not contain volatile...

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