Economists agree that at least in the short run disinflation
A)leads to a period of higher unemployment. They also agree that the costs of even moderate inflation is high.
B)leads to a period of higher unemployment. They disagree about the cost of moderate inflation.
C)leads to a period of lower unemployment. They also agree that the cost of even moderate inflation is high.
D)leads to a period of lower unemployment. They disagree about the cost of moderate inflation.

Question

Quizplus · Accepted Answer

Disinflation typically leads to higher unemployment in the short run, and economists often disagree about the costs associated with moderate inflation.

Economists Agree That at Least in the Short Run Disinflation