A Current High Rate of Inflation Will Tend to Promote

Multiple Choice

A current high rate of inflation will tend to promote a

A) low expected inflation and a low rate of actual inflation.
B) moderate expected inflation and a moderate rate of actual inflation.
C) high expected inflation and a high rate of actual inflation.
D) low expected inflation and a high rate of actual inflation.
E) built-in expectation of low inflation in the futurE.