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

question 84

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 passbook 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.

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Definitions:

Habit Of Eating

Regular patterns or behaviors related to how, when, or what we eat.

Fresh Popcorn

Newly made popcorn, characterized by its warm temperature and crisp texture, often associated with movie theaters and snacking.

Quit A Habit

The process of stopping or breaking a regular tendency or practice, especially one that is considered detrimental to one’s health or well-being.

Daily Routine

A fixed schedule of activities that a person follows every day, which often helps in organizing time and tasks efficiently.