People's expectations of future inflation that do not change even if inflation rises temporarily are called _____ inflationary expectations.
A)aggregate
B)average
C)anchored
D)autonomous

Question

Quizplus · Accepted Answer

Anchored inflationary expectations refer to the situation where people's expectations of future inflation remain stable and are not influenced by short-term fluctuations in actual inflation rates.

People's Expectations of Future Inflation That Do Not Change Even