menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics
  4. Exam
    Exam 10: Money Growth and Inflation
  5. Question
    Some Economists Feel Inflation Is Bad
Solved

Some Economists Feel Inflation Is Bad

Question 53

Question 53

Multiple Choice

Some economists feel inflation is bad


A) because it reduces real GDP so much.
B) only if it is persistent.
C) because it redistributes income arbitrarily.
D) only if it is anticipated.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: Which of the following costs of inflation

Q11: The quantity equation states that<br>A) Money ×

Q37: According to the classical dichotomy, what changes

Q49: If real output in an economy is

Q50: If the money supply is R500, real

Q55: In the quantity theory of money<br>A)prices are

Q58: An inflation tax<br>A)is usually employed by governments

Q99: Economists agree that<br>A)neither high inflation nor moderate

Q122: Suppose that velocity and output are constant

Q143: What is the inflation tax, and how

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines