which of the following is true: 1. Ounanticipated inflation has small effect on the economy. 2. Opeople with fixed pensions will gain from inflation 3. O with inflation, prices of inputs of production such as income of workers increases 4. Owhen we have anticipated inflation, interest rates decreases.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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### Question: Which of the following is true?

1. ○ Unanticipated inflation has small effect on the economy.
2. ○ People with fixed pensions will gain from inflation.
3. ○ With inflation, prices of inputs of production such as income of workers increase.
4. ○ When we have anticipated inflation, interest rates decrease.
Transcribed Image Text:### Question: Which of the following is true? 1. ○ Unanticipated inflation has small effect on the economy. 2. ○ People with fixed pensions will gain from inflation. 3. ○ With inflation, prices of inputs of production such as income of workers increase. 4. ○ When we have anticipated inflation, interest rates decrease.
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