Based on the experience of the previous 40 years,there is good reason to expect the rate of inflation to equal zero,on average.

Question

Quizplus · Accepted Answer

The statement is incorrect. While there may be periods of low inflation or even deflation, it is not realistic to expect the average inflation rate to be zero over such a long time period. Factors such as changes in the economy, government policies, and global events can all impact inflation rates.

Based on the Experience of the Previous 40 Years,there Is