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

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
Correct Answer: Option B
Explanation
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