Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A 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 :

mohammedaaish10

Answer:

b is the answer for that question

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.