Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Which of the following is true during a
time of high inflation?
A. It is a good time to empty out your savings account
since it is not insured.
B. It is a good time to borrow money from a bank
knowing that inflation will eventually fall.
C. The interest rate will be identical to the inflation
rate.
D. The unemployment rate will be very low since
everyone has more buying power.


Sagot :

Answer:

b is the answer for that question

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.