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For Canada, comparing changes in expected inflation with changes in actual inflation, it seems that using discretion has: Question 11 options: resulted in an inflation
For Canada, comparing changes in expected inflation with changes in actual inflation, it seems that using discretion has: Question 11 options: resulted in an inflation bias caused agents to constantly revise their inflation forecasts increased the volatility of inflation had no appreciable effect on expected inflation
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
