3 points High inflation rates were the norm in the 1970s and early 1980s. Since the 1990s low inflation rates have been the norm the high rates of inflation that followed the pandemic. Using this information and the information in your textbook about anticipated and unanticipated inflation, explain how it could be possible that people in 1970s and early 1980s were less harmed by the effects of inflation then people today. Edit View Insert Format Tooh Table 12pt ~ Paragraph BIU A LY