The inflation rate is 12 percent, and the central bank is considering slowing the rate of money growth to reduce inflation to 8 percent. economist eric believes that expectations are very sluggish, whereas economist kenji believes that expectations of inflation change quickly in response to new policies. true or false: economist eric is more likely to favor using contractionary policy to reduce inflation than economist kenji. true false

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.