Which of the following does inflation affect? O A. Both the level and the distribution of income. O B. The distribution but not the level of income. O C. The level but not the distribution of income. 'O D. Neither the level nor the distribution of income.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
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Which of the following does inflation affect?
OA. Both the level and the distribution of income.
OB. The distribution but not the level of income.
O C. The level but not the distribution of income.
O D. Neither the level nor the distribution of income.
Transcribed Image Text:Which of the following does inflation affect? OA. Both the level and the distribution of income. OB. The distribution but not the level of income. O C. The level but not the distribution of income. O D. Neither the level nor the distribution of income.
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