Because of various shocks to the economy, the central bank cannot control the inflation rate perfectly, particularly in the short run.

Name: Because of various shocks to the economy, the central bank cannot control the inflation rate perfectly, particularly in the short run.
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Question

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Economic shocks, such as changes in oil prices or unexpected changes in consumer demand, can affect inflation rates in the short term, making it difficult for the central bank to have complete control over inflation.

Because of Various Shocks to the Economy, the Central Bank