Which of the following is not a consequence of a country suffering a high rate of inflation?
A . A depreciation in its exchange rate compared to currencies from countries with lower inflation rates
B . A high nominal rate of interest
C . Impoverishment of households on fixed incomes
D . Excess aggregate demand for goods and services
Answer: D
Latest CIMAPRA17-BA1-1-ENG Dumps Valid Version with 468 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund