According to whose model does expected inflation tend to move with the return on money?
A) Friedman
B) Keynes
C) both of the above
D) neither of the above

Question

Quizplus · Accepted Answer

Friedman's model suggests that expected inflation is related to the return on money, as he emphasized the role of monetary policy and the quantity theory of money in influencing inflation expectations.

According to Whose Model Does Expected Inflation Tend to Move