If There Is Inflation, Then a Firm That Has Kept

Multiple Choice

If there is inflation, then a firm that has kept its price fixed for some time will have a

A) high relative price.Relative-price variability rises as the inflation rate rises.
B) high relative price.Relative-price variability falls as the inflation rate rises.
C) low relative price.Relative-price variability rises as the inflation rate rises.
D) low relative price.Relative-price variability falls as the inflation rate rises.