Which of the Following Do Not Suffer the Costs of Inflation

question 195

Multiple Choice

Which of the following do not suffer the costs of inflation?

• A)persons on fixed incomes
• B)persons whose incomes rise more rapidly than inflation
• C)firms that have to devote more time and labor to raising prices
• D)an investor that has to pay higher taxes because of the inflation

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Definitions:

Social Responsibility Norm

A societal rule that people should help those who need assistance, without regard to future exchanges.

Dispositional Attributions

The tendency to attribute someone's behavior to their internal qualities or personality traits rather than to external factors.

Situational Attributions

The process of attributing behavior to external factors in the environment or situation, rather than to internal personality traits.

Prosocial Behavior

Acts that are intended to benefit others, such as helping, sharing, donating, co-operating, and volunteering.