A Worker Would Be Hurt Least by Inflation When The

question 38

Multiple Choice

A worker would be hurt least by inflation when the:

• A) worker anticipates inflation and increases savings at the bank.
• B) worker is protected by a cost-of-living adjustment clause in an employment contract.
• C) price level increases but at a decreasing rate.
• D) worker is protected by fixed annual increases in wages and benefits in an employment contract.

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