Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

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

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.