Inflation expectations are an economic agent's beliefs about ________.
A) past inflation rates
B) present inflation rates
C) future inflation rates
D) all of the above

Question

Quizplus · Accepted Answer

Inflation expectations refer to an economic agent's beliefs or forecasts about future inflation rates, which can influence their economic decision-making regarding prices, investments, and consumption. While past and present inflation rates may inform these expectations, they are not the same as inflation expectations themselves.

Inflation Expectations Are an Economic Agent's Beliefs About ________