The inflation rate is 8 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 4 percent. Economist Lorenzo believes that expectations are very sluggish, whereas economist Sam believes that expectations of inflation change quickly in response to new policies.

Economist SAM/LORENZO is more likely to expect the costs of reducing inflation in terms of lost output to be relatively small.

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explanation:

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !