Which of the following are costs of high and/or unexpected inflation?
A) increased uncertainty
B) lower real interest rates
C) hurts indebted firms
D) all of the above

Name: Which of the following are costs of high and/or unexpected inflation? A) increased uncertainty B) lower real interest rates C) hurts indebted firms D) all of the above
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

High and unexpected inflation increases uncertainty in the economy, making it difficult for businesses and consumers to make long-term financial decisions.

Which of the Following Are Costs of High And/or Unexpected