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What Is Core Inflation? Why Is It Used

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What is core inflation? Why is it used?


Definitions:

Loud Music

High amplitude sound that can be enjoyable in some contexts but may lead to hearing damage or stress in others.

Negative Externality

Costs experienced by a third party or the society as a result of an economic activity, not accounted for by the producer.

Automobile Transportation

The transportation of passengers or goods by vehicles designed for travel on roads.

Seatbelt

A safety device designed to secure the occupant of a vehicle against harmful movement that may result during a collision or a sudden stop.

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