Which among the following is not correct? (A) During inflation lenders suffer and borrowers benefit out. (B) Rising inflation indicates lower purchasing capacity among the consumers. (C) With rising inflation, the currency of the economy depreciates provided that it follows the flexible currency regime. (D) Inflation decreases the nominal value of the wages while the real value increases.

UoH 2020 Question 23: Inflation, unemployment and the Phillips curve

Which among the following is not correct?

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Inflation, unemployment and the Phillips curve has come up 106 times in 7 exams since 2006.

This question is on Costs of inflation and deflation, part of Inflation, unemployment and the Phillips curve in Macroeconomics.

Who gains and loses from inflation, deflation and disinflation.

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