Multiple Choice
An unstable inflation rate
A) always redistributes real income from lenders to borrowers.
B) always redistributes real income from borrowers to lenders.
C) adds to the risk of borrowing and lending and interferes with long-run financial planning.
D) makes goods and services too expensive.
E) always redistributes real income from taxpayers to the government.
Correct Answer:
Verified
Correct Answer:
Verified
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