Answer to Question #268838 in Macroeconomics for Lebogang507

Question #268838

can redistribution occur during inflation?


1
Expert's answer
2021-11-19T11:10:27-0500

yes

Income and wealth will be redistributed due to unanticipated inflation, or inflation that is not foreseen. a. Income redistribution happens when some wages and salaries increase faster than the price level, while others increase more slowly.


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