Who Benefits Most from Inflation

question 101

Multiple Choice

Who benefits most from inflation?

• A) those not bound by sticky prices
• B) those who can predict the inflation rate
• C) those who have entered into long-term contracts
• D) those engaged in politics
• E) those who do not anticipate price level changes

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Definitions:

Legal Right

A legally enforced entitlement or permission recognized by law.

Negotiable

Legally transferable from one person to another.

Agency's Fee

A charge or payment made to an agency for its services, typically a percentage of the contract value.

Voucher Checks

A type of check that includes vouchers detailing the reason for the payment, often used by businesses for record-keeping purposes.