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25-05-2023
Business

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Which of the following measures is the preferred measure of inflation used by the Federal Reserve when setting monetary policy?:

a. The personal consumption expenditures (PCE) index less food and energy.
b. The trimmed-mean personal consumption expenditures (PCE) index
c. The Sticky Prices Index
d. The consumer price index (CPI) less food and energy
e. The personal consumption expenditures (PCE) index

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