Economics · Inflation and Business Cycles
What was a primary global factor contributing to the decline in core inflation globally following the post-pandemic supply shocks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reduced service demand
- 2Lower global commodity prices and supply normalization✓
- 3Increased public spending
- 4Weak labour markets
Correct answer
Lower global commodity prices and supply normalization
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