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