Expected inflation is
A) the inflation rate that governments require from year to year.
B) the inflation rate that consumers and businesses expect will hold for some time in the future.
C) the inflation rate that is based on GDP growth.
D) the inflation rate minus the actual growth rate.

Question

Quizplus · Accepted Answer

Expected inflation is the inflation rate that consumers and businesses expect will happen over the next year or longer.

Expected Inflation Is