If expected inflation is 2%, and actual inflation is 2.8%, then unexpected inflation is:
A)2.8%.
B)2.0%.
C)0.8%.
D)4.8%.

Name: If expected inflation is 2%, and actual inflation is 2.8%, then unexpected inflation is: A)2.8%. B)2.0%. C)0.8%. D)4.8%.
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Question

Quizplus · Accepted Answer

Unexpected inflation is the difference between the actual inflation rate and the expected inflation rate. In this case, unexpected inflation is 0.8% (2.8% - 2% = 0.8%). Therefore, the correct answer is C: 0.8%.

If Expected Inflation Is 2%, and Actual Inflation Is 2