1. Inflation that is not expected is known as _________ inflation. 2. Shoe-leather costs typically increase with the rate of inflation. _________ (True/False) 6.3 Creditors lose from unanticipated...

1. Inflation that is not expected is known as _________ inflation.

2. Shoe-leather costs typically increase with the rate of inflation. _________ (True/False) 6.3 Creditors lose from unanticipated inflation. _________ (True/False)

4. Hyperinflation occurs when the inflation rate exceeds _________ percent per month