When inflation turns out to be different from what was expected, purchasing power is ________.
A)destroyed
B)redistributed
C)increased
D)decreased

Name: When inflation turns out to be different from what was expected, purchasing power is ________. A)destroyed B)redistributed C)increased D)decreased
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Question

Quizplus · Accepted Answer

When unanticipated inflation occurs, an arbitrary redistribution of wealth or purchasing power occurs because some parties are helped and other parties are hurt by the inflation.

When Inflation Turns Out to Be Different from What Was