Question

"Inflation is generally procyclical" means... A. higher rates of inflation tend to precede periods of high economic growth. B. the rate of inflation tends to rise in periods of high economic growth and fall in periods of low economic growth C. prices on average rise in an economic expansion but fall after a business cycle peak. D. more inflation results in less capacity utilization."

Answer 1

Explanation:

Explanation:Inflation is generally procyclical" means... a) "higher rates of inflation tend to precede

periods of high. economic growth." Answer: Inflation is generally pro-cyclical means the 'rate of inflation tends' to rise in 'periods of high economic growth' and fall in 'periods of low economic growth'.

Answer 2

Answer:

here is your answer

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