Garner, C. Alan - In: Economic Review (2000) Q I, pp. 5-20
inflation. Real GDP, a broad measure of the nation's output of goods and services, grew 4.6 percent from the fourth quarter of … inflation measures, which exclude food and energy prices, were about the same or slightly lower. Moreover, survey measures of … long-term inflation expectations were stable despite the robust pace of the economic expansion.> What accounts for this …