Inflation Is Costly Only If It Is Unanticipated

question 145

True/False

Inflation is costly only if it is unanticipated.

---

Definitions:

Burden of Proof

The obligation to prove one's assertion or argument, typically resting on the party who makes a claim in a dispute.

Fallacy

A deceptive, misleading, or false notion, belief, or argument; often, a statement or argument based on a false or invalid inference.

Appeal to Ignorance

A logical fallacy that suggests a claim is true simply because it has not been proven false or vice versa.

Burden of Proof

The obligation to prove one's assertion.