If people expect higher inflation and the fed takes actions that increase inflation, thus making people's expectations self-fulf

Question

Sonbull [250]

4 years ago

9

If people expect higher inflation and the fed takes actions that increase inflation, thus making people's expectations self-fulf

illing, then

Business

1 answer:

Dmitry_Shevchenko [17] · Answer 1 · 2021-11-24T14:43:31+03:00

Dmitry_Shevchenko [17]4 years ago

8 0

The expected higher inflation happened. However, people don't want an inflation because prices on products would increase. <span>Most probably the people would ask for a salary increase in this event to cope up with the changes in the marketplace.</span>