Which of the Following Is True About Inflation

question 61

Multiple Choice

Which of the following is true about inflation?

• A)Inflation promotes social harmony by uniting people against the government.
• B)Inflation is more damaging if it is anticipated than if it is not anticipated.
• C)Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
• D)Those who have loaned money at an interest rate below the rate of inflation suffer economic losses.
• E)If people anticipate inflation,their actions will prevent the inflation.

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Definitions:

Anthropologists

Specialists in anthropology, which is the study of human societies, cultures, and their development.

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Objects made or used by humans, typically of cultural or historical interest, such as tools, pottery, and jewelry found in archaeological sites.

Ethnographers

Researchers who study human cultures by observing and interacting with people in their natural environment.

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Individuals within a community who provide valuable insights and knowledge to researchers, often used in anthropological or sociological studies.