Mac6: Inflation, deflation, winners/losers from inflation
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Last updated almost 6 years ago
5 questions
1
How does inflation affect the purchasing power of money?
How does inflation affect the purchasing power of money?
1
When the general or average level of prices falls over time it's called:
When the general or average level of prices falls over time it's called:
1
Which of the following groups is hurt by unanticipated inflation?
Which of the following groups is hurt by unanticipated inflation?
1
Which of the following groups benefits from unanticipated inflation?
Which of the following groups benefits from unanticipated inflation?
1
An adjustment that automatically inceases incomes or benefits for individuals when inflation occurs is called:
An adjustment that automatically inceases incomes or benefits for individuals when inflation occurs is called: