Which of the Following Do Not Suffer the Costs of Inflation

question 297

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 labour to raising prices
• D)investors who have to pay higher taxes because of the inflation
• E)lenders who did not forecast inflation accurately

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Definitions:

Committed

Showing dedication and perseverance in pursuing goals, or, in a legal context, being compulsorily detained under mental health legislation.

Dangerous

The potential to cause harm or adverse effects to oneself or others.

Reason of Insanity

A legal defense where the defendant claims they were unable to understand the nature of their actions or to distinguish right from wrong because of mental illness.

Severe Depression

A mental health condition characterized by profound feelings of persistent sadness, hopelessness, and lack of interest in activities, combined with physical symptoms that significantly impair daily functioning.