Unexpected Inflation Redistributes Income

question 14

Multiple Choice

Unexpected inflation redistributes income:

• A)away from workers with cost-of-living adjustments, benefiting employers.
• B)away from renters, benefiting landlords.
• C)away from poor people, benefiting the rich.
• D)away from people with fixed incomes, benefiting people with fixed costs.
• E)away from debtors, benefiting creditors.

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Definitions:

Biological Predisposition

Refers to the inherited tendency or vulnerability to develop certain disorders or diseases.

Schizophrenia

A brain disorder defined by anomalies in processing thoughts, interpreting surroundings, managing emotions, and connecting socially.

Schizophrenia

An extreme mental affliction exemplified by irregularities in thought, awareness, sentiment, speech, self-perception, and mannerisms.

Delusion

A strange false belief firmly held despite evidence to the contrary.