One of the distinguishing differences between periods of low inflation and periods of high inflation is that
A)low inflation periods are short lived.
B)high inflation periods are short lived.
C)high inflation periods are long lived.
D)low inflation leads to high inflation.

Question

Quizplus · Accepted Answer

Periods of high inflation are typically short lived, while low inflation periods tend to last longer. High inflation also tends to be more volatile and unpredictable, while low inflation is more stable and easier to forecast.

One of the Distinguishing Differences Between Periods of Low Inflation