When economists say "sticky inflation," they mean that inflation does not react directly with the monetary policy.

Name: When economists say "sticky inflation," they mean that inflation does not react directly with the monetary policy.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Sticky inflation refers to a situation where changes in monetary policy do not have an immediate impact on inflation. This may be due to factors such as long-term contracts, slow adjustment of prices, or other structural factors in the economy.

When Economists Say "Sticky Inflation," They Mean That Inflation Does