Unexpected inflation imposes costs on many people and benefits others because it arbitrarily redistributes purchasing power among different groups of people. Unexpected inflation hurts savers and people on fixed incomes; it helps people who have borrowed money at a fixed rate of interest.
Standard detail
6.
Benchmark
Depth 1Parent ID: 2A6039C8206B4B27AC380244FB5952A0Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 6.
- List ID
- 6.
- Standard ID
- 5CFFCEDB7C2949F084D68FDA9E4225CC
- ASN identifier
- S2604876
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 2A6039C8206B4B27AC380244FB5952A0
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US