Generally Speaking,which of the Following Groups Would Tend to Gain

question 79

Multiple Choice

Generally speaking,which of the following groups would tend to gain real income from the wealth effects of inflation?

• A)People with fixed income.
• B)People who have savings accounts at fixed rates of interest.
• C)People who own assets that are appreciating faster than the inflation rate.
• D)People who hold all of their assets in the form of cash.

---

Definitions:

Parasympathetic Division

A branch of the autonomic nervous system responsible for stimulating "rest-and-digest" or calming activities, reducing the body's stress response.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the smooth muscles and heart and glands, regulating functions such as heart rate, digestion, respiratory rate, and pupillary response.

Sympathetic Division

Part of the autonomic nervous system that prepares the body for fight-or-flight responses, increasing heart rate and blood pressure, among other effects.

Overactive Thyroid

A condition, also known as hyperthyroidism, where the thyroid gland produces excessive amounts of thyroid hormones, leading to various health issues.