The Chief Difference Between One-Shot Inflation and Continued Inflation Is

Multiple Choice

The chief difference between one-shot inflation and continued inflation is that

A) Keynesians believe all inflations are one-shot inflations and monetarists believe all inflations are continued inflations.
B) one-shot inflation is long and continued inflation is short.
C) one-shot inflation is a single increase in the price level and continued inflation is a sustained increase in the price level.
D) monetarists believe all inflations are one-shot inflations and Keynesians believe all inflations are continued inflations.