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.

Question

05-09-2021
English

Answered

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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 :

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