A rational expectation of inflation is
A) how economists make perfect forecasts of inflation.
B) a forecast of inflation that uses all relevant information.
C) how unexpected inflation affects the economy.
D) why unexpected inflation redistributes income.
Correct Answer:
Verified
Q132: In a cost- push inflation,
A)increases in SAS
Q133: Q134: Q135: The key difference between the new classical Q136: Demand- pull inflation could start with Q138: According to the new classical theory, _ Q139: Based on the Keynesian theory of the Q141: The real business cycle theory asserts that Q148: Q182: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)a rise
