Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

One of the most damaging economic phenomena is a sustained high rate of inflation. That is why economists and the Federal Reserve closely watch:

A. cost levels
B. stock indexes
C. price indexes
D. export rates

Sagot :

GinnyAnswer

Final answer:

Inflation is a crucial economic concept measured by the consumer price index, with low rates being desirable for stability.


Explanation:

Inflation is a sustained increase in the overall level of prices, measured by the consumer price index. Economists aim for low inflation rates of 1-2% to maintain stability. High or unexpected inflation can have economic costs such as eroding purchasing power.


Learn more about Inflation here:

https://brainly.com/question/41962149


Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.