Exam4Training

Inflation is undesirable for all of the following reasons except which one?

Inflation is undesirable for all of the following reasons except which one?
A . Inflation decreases the international competitiveness of the business sector.
B . Inflation distorts the price system and the process of resource allocation.
C . Inflation shifts wealth from debtors to creditors in an arbitrary fashion.
D . Inflation makes business forecasting and planning more difficult.

Answer: C

Exit mobile version