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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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Feb 18, 2020 12:05 PM

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As the CPI inflation rate in Canada fell close to 1% at the beginning of 2009, Bank

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The Economics of Money Banking and Financial Markets

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