What Do Economists Think About High and Moderate Inflation

question 47

Multiple Choice

What do economists think about high and moderate inflation?

• A) They agree that neither high inflation nor moderate inflation is very costly.
• B) They agree that both high and moderate inflation are quite costly
• C) They agree that high inflation is costly, but they disagree about the costs of moderate inflation.
• D) They agree that moderate inflation is as costly as high inflation, but they disagree about how to measure those costs.

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