Which of the Following Are Consequences of Inflation

question 88

Multiple Choice

Which of the following are consequences of inflation?

• A)​It increases the burdens on people with fixed incomes when inflation is not anticipated.
• B)​It hurts savers who did not anticipate how high the inflation was, but helps those who have borrowed at a fixed rate before the inflation became apparent.
• C)​Inflation imposes costs on people who devote resources to protecting themselves from expected inflation.
• D)​all of the above

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