Redistribution of wealth is a microeconomic effect of inflation.

Name: Redistribution of wealth is a microeconomic effect of inflation.
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Inflation can lead to redistribution of wealth as prices rise, causing some people to lose purchasing power while others may benefit from higher incomes or assets that appreciate in value. This is a microeconomic effect because it affects individual households and businesses rather than the overall economy as a whole.

Redistribution of Wealth Is a Microeconomic Effect of Inflation