Figure 10.4: U.S. Inflation, 2000-2015
-Consider Figure 10.4 above, which shows two types of inflation. Which of the series is likely to be "standard" inflation? Which is core inflation? What is the cause of the sharp increases and decreases in the solid line in the late 2000s?

Question

Figure 10.4: U.S. Inflation, 2000-2015  
-Consider Figure 10.4 above, which shows two types of inflation. Which of the series is likely to be "standard" inflation? Which is core inflation? What is the cause of the sharp increases and decreases in the solid line in the late 2000s?

Quizplus · Accepted Answer

The Answer of Figure 10.4: U.S. Inflation, 2000-2015  
-Consider Figure 10.4 above, which shows two types of inflation. Which of the series is likely to be "standard" inflation? Which is core inflation? What is the cause of the sharp increases and decreases in the solid line in the late 2000s?