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Describe the main difference between the core inflation rate and the PCE inflation rate.
Deductive Reasoning
A rational procedure in which an inference is derived from the harmony of multiple statements thought to be valid.
Deductive Reasoning
A reasoning strategy where a judgment is drawn from the alignment of various propositions typically considered factual.
Inductive Reasoning
A method of reasoning in which specific observations or data are analyzed to form a general conclusion or principle.
Abductive Reasoning
A type of logical inference which begins with an observation then seeks to find the simplest and most likely explanation.
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