Question 1074 monetary policy, inflation, no explanation
From 2:31 up to 4:00, Glenn Stevens discusses different shocks and how they affect inflation:
Which of the following shocks might reduce Australian inflation?
(a) Higher medical costs due to government policy.
(b) Lower global oil supply due to war in the Middle East.
(c) Lower banana supply due to cyclones in Queensland.
(d) Lower consumer sentiment due to fears of a recession.