What Do You Know About Inflation?
Inflation can be annoying to most investors. It attacks the value of their portfolios, causing the real return to shrink. Although most people regard inflation about as warmly as they do the bogeyman, how much do you really know about it? Take this short quiz and find out. When inflation increases, ... the dollar gains against the euro, but loses against the yen. the general level of prices for goods and services decreases. the purchasing power of the dollar decreases. tech stocks double in value. One way the Federal Reserve attempts to combat a high inflation rate is by: raising…