The expected rate of change in prices is known as the
A)forecasted mean CPI.
B)Okun's law coefficient.
C)augmented inflation rate.
D)expected inflation rate.

Question

Quizplus · Accepted Answer

The expected rate of change in prices is commonly known as the expected inflation rate. It refers to the anticipated percentage increase in the general price level of goods and services in an economy over a period. A reliable estimate of the expected inflation rate is essential for effective policymaking and business decision-making.

The Expected Rate of Change in Prices Is Known as the