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:

Feedback

Information or responses provided about a person's actions or performance, intended to guide future behavior or improvement.

Goal Acceptance

Refers to the extent to which individuals agree with and commit to achieving specific goals set by themselves or by others such as managers or organizations.

Goal Acceptance

The degree to which individuals and groups agree with and commit to achieving specific goals.

Specific Goals

Well-defined, unambiguous, and measurable objectives that are to be achieved within a set timeframe.