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10 cards from this deck
Sustained increase in price level, reduces buying power of money
Aggregate demand exceeds aggregate supply
Price increase caused by rising production costs
Inflation exceeds 50%
Index measuring fixed basket of consumer goods & services
Assesses impact of changes in production input weighting
CPI excluding volatile items, shows underlying trends
Between 3% and 6%
Determine interest rates to meet inflation target
Low growth, high unemployment & high inflation together
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