What Is the Effect of Inflation on the Economy

question 116

Multiple Choice

What is the effect of inflation on the economy?

• A) Anticipated inflation creates more problems than unanticipated inflation.
• B) Unanticipated inflation creates more problems than anticipated inflation.
• C) Real inflation creates more problems than nominal inflation.
• D) Nominal inflation creates more problems than real inflation.
• E) Inflation has no impact on the economy.

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Definitions:

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Erikson's Theory

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