One problem with inflation is that:
A)it steadily erodes real income.
B)it often comes in surprising and unpredictable ways.
C)nominal interest rates are not indexed to inflation.
D)fixed-rate mortgages are not adjusted for inflation.
E)price staggering occurs.

Question

Quizplus · Accepted Answer

The Answer of One problem with inflation is that:
A)it steadily erodes real income.
B)it often comes in surprising and unpredictable ways.
C)nominal interest rates are not indexed to inflation.
D)fixed-rate mortgages are not adjusted for inflation.
E)price staggering occurs.

One Problem with Inflation Is That