Which of the following statements is not true in an inflationary period?

a

the purchasing power diminishes

b

Wages rise simultaneously with prices

c

More money runs after a limited quantity of goods

d

Fixed income earners lose

e

Aggregate real demand exceeds aggregate real supply

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b

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Olanrewaju777
5 years ago

I think "a" is correct. lf I am wrong, kindly correct me😔

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