Changes in relative prices during inflationary periods usually lead to
A)decreases in real income.
B)some people gaining real income.
C)increases in the purchasing power of money.
D)increases in real income.

Question

Quizplus · Accepted Answer

During inflationary periods, some individuals or groups may benefit from changes in relative prices, leading to gains in real income for those whose incomes rise faster than the inflation rate.

Changes in Relative Prices During Inflationary Periods Usually Lead to