Multiple Choice
Which of the following statements is FALSE?
A) When unanticipated inflation occurs regularly, the degree of risk associated with investments in the economy increases.
B) Inflation that is higher than expected benefits debtors, and inflation that is lower than expected benefits creditors.
C) Whether you gain or lose during a period of inflation depends on whether your income rises faster or slower than the prices of things you buy.
D) There are no costs or losses associated with correctly anticipated inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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