Because of the Money Illusion, Inflation Usually Confuses

question 104

Multiple Choice

Because of the money illusion, inflation usually confuses

• A) consumers.
• B) workers.
• C) firms.
• D) Each of these groups of people.

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Definitions:

Fourteenth Amendment

An amendment to the United States Constitution that grants citizenship to all persons born or naturalized in the United States and prohibits states from denying any person the equal protection of the laws.

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A provision of the U.S. Constitution that provides for several rights of individuals against government actions, including self-incrimination and double jeopardy.

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