When There Is an Abrupt Increase in the Rate of Inflation

question 169

Multiple Choice

When there is an abrupt increase in the rate of inflation,

• A) the actual rate of inflation will tend to fall below the natural rate.
• B) the actual rate of inflation will tend to rise above the natural rate.
• C) the actual and natural rate of inflation will generally be equal.
• D) the natural rate of unemployment will tend to rise.

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