11. Unemployment and Inflation

In macroeconomics, an inflation tax is best described as which of the following?

Who is least likely to be harmed by unexpected inflation?

People with savings held in fixed nominal assets (e.g., cash or a fixed-interest bank deposit) are often hurt by inflation. Which statement best explains why?

Who is least likely to be hurt by unanticipated inflation?

Which of the following may be a benefit of inflation?

Who is most directly exposed to inflation risk (the risk that rising prices reduce the real purchasing power of fixed dollar payments)?

In macroeconomics, the "inflation tax" refers to the loss in purchasing power from holding money when the price level rises. It falls most heavily on those who hold which type of asset?

In a typical economy, what is one effect of inflation on different groups in society?

Which scenario is most likely the result of inflation?

How does inflation affect the purchasing power of money?

Which situation best illustrates the effects of inflation on different groups in the economy?

In macroeconomics, who is most likely to benefit from an unexpected (surprise) increase in inflation when loan contracts are written in nominal terms?

In macroeconomics, what is meant by the term "inflation tax" and who primarily bears it?

Which statement best describes U.S. inflation between 1982 and 2000?

Which of the following scenarios best reflects the meaning of the term 'inflation targeting'?