Why has inflation proved so wild7 The most thrilling explanation is, unfortunately a little defective. Some economists argue that powerful structural changes in the world have up-ended the old economic models that were based upon the historical link between growth and inflation.
52. According to the passage, making monetary policy changes ______.
A) is comparable to driving a car
B) is similar to carrying out scientific work
C) will not influence the economy immediately
D) will have an immediate impact on the inflation rate
53. From the passage we learn that ______.
A) there is a clear relationship between inflation and interest rates
B) the economy always follows particular trends
C) the current economic problems are entirely predictable
D) the present economic situation is better than expected
54. The passage suggests that ______.
A) the previous economic models are still applicable
B) an extremely low jobless rate will lead to inflation
C) a high unemployment rate will result from inflation
D) interest rates have an immediate effect on the economy
55. By saying This is no flash in the pan , the author implies that
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