Business, 23.04.2021 18:50 Demarcusclincy

The inflation rate is 8 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 4 percent. Economist Van believes that expectations are very sluggish, whereas economist Carlos believes that expectations of inflation change quickly in response to new policies, whereas economist James believes that expectations are very sluggish. Who is more likely to favor the proposed change in monetary policy? Economist Milton or James?

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