A) Hyperinflation
B) Sogflation
C) Built-in inflation
D) Biflation
Correct Answer: C
Solution :
The built-in inflation originates from either persistent demand-pull or large cost-push (supply-shock) inflation in the past. It then becomes a "normal" aspect of the economy, via inflationary expectations and the price/wage spiral.You need to login to perform this action.
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