If You Had to Predict the U

Multiple Choice

If you had to predict the U.S. inflation rate for next year and decided that a good way to make that prediction would be to simply use the average inflation rate over the past 10 years, what would be your prediction for U.S. inflation next year?

A) 1.1%
B) 2.4%
C) 4.0%
D) 5.2%