Which of the Following Is True About Inflation

question 62

Multiple Choice

Which of the following is true about inflation?

• A)Inflation promotes social harmony by uniting people against the government.
• B)Inflation is more damaging if it is unanticipated.
• C)Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
• D)Those who lend money at a rate above the rate of inflation suffer economic losses.
• E)If people accurately anticipate inflation,their actions will prevent it.

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Definitions:

Good Trait

An inherent quality or characteristic in an individual considered to be morally right, beneficial, or advantageous.

High Conscientiousness

A personality trait characterized by thoroughness, carefulness, and efficiency.

Friendliness

A trait characterized by being kind, pleasant, and supportive towards others.