Which of the Following Would Not Be Hurt by Unanticipated

question 233

Multiple Choice

Which of the following would not be hurt by unanticipated inflation?

• A)Those living on fixed nominal incomes
• B)Those who find inflation rising more rapidly than their nominal incomes
• C)Those who have money savings
• D)Those who became debtors when inflation was lower

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Definitions:

Relevant

Pertinent to the matter at hand; information or factors that are applicable to the current situation or decision-making process.

Qualitative

Pertaining to descriptions or distinctions based on some quality or characteristic rather than on some quantity or measured value.

Numerical Terms

Mathematical expressions or figures used to describe quantity, order, or relationships between amounts in data or calculations.

Sensitive

Quick to detect or respond to slight changes, signals, or influences.