Business, 02.07.2020 19:01 skylarbrown018

The inflation rate is 10 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 5 percent. Economist Lorenzo believes that expectations of inflation change quickly in response to new policies, whereas economist Sam believes that expectations are very sluggish. Economistis more likely to favor the proposed change in monetary policy.

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The inflation rate is 10 percent, and the central bank is considering slowing the rate of money grow...