Multiple Choice
During inflationary times,which of the following is unlikely to happen?
A) People change their expectations about the inflation rate.
B) Workers try to get increases in nominal wages.
C) People are willing to lend money for longer periods.
D) Relative price changes become harder to recognize.
E) People buy physical assets as a hedge against rising prices.
Correct Answer:
Verified
Correct Answer:
Verified
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