What Is Inflation's Effect on Income

question 160

Multiple Choice

What is inflation's effect on income?

• A)It affects the distribution of income but not the total size of income.
• B)It does not affect the distribution of income but does affect the total size of income.
• C)It affects both the distribution and the total size of income.
• D)It affects neither the distribution nor the total size of income.

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Definitions:

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