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Business, 19.12.2019 00:31 asmith219771

The inflation rate is 12 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 8 percent. economist eric believes that expectations are very sluggish, whereas economist kenji believes that expectations of inflation change quickly in response to new policies. true or false: economist eric is more likely to favor using contractionary policy to reduce inflation than economist kenji. true false

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