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April 23, 2014

Homework Help: economics

Posted by will on Sunday, September 23, 2012 at 8:26pm.

which of the following statements about inflation are true? check all that applies

a) policy makers also worry about a negative inflation rate, or deflation

b) painful government actions may sometimes be necessary to bring down a high inflation rate.

c) A moderately high inflation rate of 12% bears no cost to society.

d) Over the last 90 years, the inflation rate in the U.S. has been most negative.

e) The purchasing power of currency declines rapidly with high inflation rates.

Explain if possible.
Thank you in advance!

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