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 anticipated than if it is not anticipated.
C) Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
D) Those who have borrowed money at an interest rate below the rate of inflation will generally benefit.
E) If people anticipate inflation,their actions will prevent the inflation.
Correct Answer:

Verified
Correct Answer:
Verified
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