Which of the Following Is True About Inflation

question 61

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 anticipated than if it is not anticipated.
• C)Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
• D)Those who have loaned money at an interest rate below the rate of inflation suffer economic losses.
• E)If people anticipate inflation,their actions will prevent the inflation.

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Definitions:

Acquiring Language

The process by which humans learn to communicate through understanding and producing language, typically occurring in early childhood.

Human Language

A complex system of communication that uses syntax, semantics, and phonetics to convey meaning and express a vast array of ideas and emotions.

Convenience Sample

A sampling technique where participants are selected based on their availability and willingness to take part.

Available

Something that is readily obtainable, accessible, or ready for use.