All of the following are the benefits of high inflation except one, which is:
A) since money is not losing its purchasing power, consumers and producers feel safe to make long-range plans.
B) sustained low inflation does not stimulate productive investment.
C) interests, both in real and nominal terms, are lower, encouraging investments to improve productivity.
D) the economy does not see a vicious circle of rising inflation due to rising wages and interest rates.
Correct Answer:
Verified
Q51: A _ monetary target shifts the money
Q52: Monetary growth targets were gradually _ by
Q53: All of the following are costs of
Q54: All of the following are the costs
Q55: A monetary growth target involves the _
Q57: If the central bank adjusts interest rates
Q58: To maintain the overnight loan rate when
Q59: To maintain the overnight loan rate when
Q60: The overnight loans rate is:
A) higher than
Q61: Which of the following statements is true
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents