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Which of the Following Is True About Inflation

Question 62

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 unanticipated.
C) Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
D) Those who lend money at a rate above the rate of inflation suffer economic losses.
E) If people accurately anticipate inflation,their actions will prevent it.

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