All of the following are detrimental macro consequences of inflation except
A)Uncertainty.
B)Speculation.
C)Bracket creep.
D)COLAs.

Question

Quizplus · Accepted Answer

COLAs (cost of living adjustments) are actually a positive consequence of inflation, as they help adjust salaries and benefits to account for the rising cost of goods and services. Uncertainty, speculation, and bracket creep are all negative consequences of inflation, as they can lead to volatility in the economy and harm individuals and businesses.

All of the Following Are Detrimental Macro Consequences of Inflation