Solved

Which of the Following Is Likely to Be an Effect

Question 73

Multiple Choice

Which of the following is likely to be an effect of inflation?


A) An increase in the willingness of lenders to lend money for longer periods
B) A decrease in the willingness of borrowers to borrow money for longer periods
C) A decrease in the purchasing power of lenders in the economy
D) An increase in the willingness of people to buy bonds as a hedge against rising prices
E) An increase in the willingness of people to buy physical assets as a hedge against rising prices

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions