Public believe v Economists on inflation assignment

timer Asked: Mar 3rd, 2019
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Question Description

Robert Shiller asked a sample of the general public and a sample of economists the following question: "Do you agree that preventing high inflation is as an important national priority, as important as preventing drug abuse or preventing deterioration in the quality of our schools"? Fifty-two percent of the general public, but only 18 percent of economists fully agreed. Why does the general public believe that inflation is a bigger problem than economists do?

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