4 If inflation is so easy to explain, why do policymakers sometimes have trouble ridding the economy of it?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 28CTQ: Why are inflationary dangers lower in the high-income economies than in low-income and middle-income...
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4 If inflation is so easy to explain, why do policymakers sometimes have trouble ridding the economy of it?
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