Multiple Choice
All of the following are microeconomic consequences of inflation except
A) A price effect.
B) An income effect.
C) A wealth effect.
D) A profit effect.
Correct Answer:
Verified
Related Questions
Q22: If the price of your cell phone
Q23: Inflation _ the purchasing power of money.
A)increases
B)decreases
C)does
Q24: Which of the following is a microeconomic
Q25: Income in constant dollars is
A)Nominal income.
B)Real income.
C)Bracket
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