Choose the statement that is incorrect.
A)The actual path of the CPI was on trend from 1995 through 1998.
B)Between 1999 and 2001, the CPI moved below the 2 percent trend line.
C)The actual path of the CPI was below trend from 2001 through 2007.
D)The Bank of Canada and the Government of Canada agree that the inflation-control target range will be 1 percent to 3 percent.
E)After 2008, the CPI was below trend.

Question

Quizplus · Accepted Answer

The actual path of the CPI was not consistently below trend from 2001 through 2007; it varied during this period.

Choose the Statement That Is Incorrect