Question
A commentator criticizes economists for focusing on core inflation by saying Economists assume people don't eat or drive cars. Given that people do eat and
A commentator criticizes economists for focusing on core inflation by saying "Economists assume people don't eat or drive cars."
Given that people do eat and drive, why do economists pay more attention to reports about core inflation instead of overall inflation?
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
