Costs of Inflation
AP Macroeconomics · Flashcards
AP MACROECONOMICS · FLASHCARDS
Card 1
of 40
0 got it
0 to review
Current
Got it
Still learning
Not seen
QUESTION
Identify one cost of deflation.
QUESTION
How can inflation affect interest rates?
QUESTION
What is 'unanticipated inflation'?
Tap to flip before you grade
ANSWER
Inflation that occurs unexpectedly, affecting contracts and plans. Creates greater economic disruption as contracts weren't designed for price changes.
Swipe → got it · swipe ← still learning
Got it
Still learning
Flip Card
Previous card
Next card