Which of the following is true?
A) Anticipated inflation is an increase in the price level that comes as a surprise, at least to most individuals.
B) Unanticipated inflation is a change in the price level that is widely expected.
C) Decision makers are generally able to anticipate slow steady rates of inflation with a fairly high degree of accuracy.
D) Inflation will increase the prices of goods and services that households purchase but not the wage rates of workers.

Question

Quizplus · Accepted Answer

Decision makers can often predict slow, steady inflation rates accurately, allowing them to plan accordingly.

Which of the Following Is True