Unanticipated Inflation Creates Problems for Society Because

question 1

Multiple Choice

Unanticipated inflation creates problems for society because

• A)it increases the wealth of people who hold cash
• B)it promotes social cooperation by encouraging self-restraint
• C)it reduces the desire to plan and reduces the complexity of planning
• D)it redistributes wealth and income
• E)it requires buyers to spend less time acquiring information about prices

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Definitions:

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Referring to a distance, time, or scale that is in between the shortest and longest extremes; often used in the context of planning or products.

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