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Why is the credibility of the Fed's policy announcements particularly important?
Income Elasticity of Demand
A metric that gauges the sensitivity of demand for a product to shifts in the income of consumers.
Weekly Income
The total amount of earnings received by an individual or entity over the span of a week.
Bars of Chocolate
Solid blocks of chocolate that can vary in cocoa content, sweetness, and added ingredients, enjoyed as confectionary treats.
Change in Income
The variation, either increase or decrease, in the amount of money earned by individuals or households over time.
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