If we observe that the actual rate of CPI inflation has fallen, we can certainly conclude that
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Question:
If we observe that the actual rate of CPI inflation has fallen, we can certainly conclude that the
Select one:
a. Bank of Canada has implemented an expansionary monetary policy.
b. Bank of Canada has implemented a contractionary monetary policy.
c. Bank of Canada has abandoned its inflation target.
d. It is not possible to conclude any of the above.
e. Government of Canada has reduced the money supply.
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