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Which of the Following Are Consequences of Inflation

Question 88

Multiple Choice

Which of the following are consequences of inflation?


A) ​It increases the burdens on people with fixed incomes when inflation is not anticipated.
B) ​It hurts savers who did not anticipate how high the inflation was, but helps those who have borrowed at a fixed rate before the inflation became apparent.
C) ​Inflation imposes costs on people who devote resources to protecting themselves from expected inflation.
D) ​all of the above

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