As the CPI inflation rate in Canada fell close to 1% at the beginning of 2009, Bank
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As the CPI inflation rate in Canada fell close to 1% at the beginning of 2009, Bank of Canada policymakers were beginning to be concerned about deflation. Go to www.bankofcanada.ca, and follow the link to the inflation statistics.
a. What happened to the inflation rate since then?
b. Does deflation still appear to be a threat?
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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