Which of the following is true about inflation? a. Inflation affects everyone negatively b. Inflation increases the real value of money c. Interest rates have no relationships with inflation d. The CPI is used to determine the inflation rate

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 11P
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Which of the following is true about inflation?

a.
Inflation affects everyone negatively

b.
Inflation increases the real value of money

c.
Interest rates have no relationships with inflation

d.
The CPI is used to determine the inflation rate

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