One Cost of an Unanticipated Inflation Is That It

question 11

Multiple Choice

One cost of an unanticipated inflation is that it

• A)transfers wealth from lenders to borrowers.
• B)transfers wealth from borrowers to lenders.
• C)decreases menu costs.
• D)increases the purchasing power of money.

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Definitions:

Clock Speed

The speed at which a processor executes instructions, measured in GHz or MHz.

Desktop Computers

Personal computers designed for regular use at a single location on or near a desk due to their size and power requirements.

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External devices connected to a computer system to provide input, output, or storage capabilities, such as keyboards, mice, and printers.

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A portable storage device that uses flash memory and is typically used for data storage, backup, and transfer between computers.