Assess each of the following statements:

If you save money, then you benefit in a time of high inflation.

Individuals who receive Social Security benefits are not damaged by high inflation because they receive a cost of living adjustment that is proportional to the annual increase in the Consumer Price Index.

Please send your responses by e-mail. You have now completed all of the Reading Assignments and Problems & Exercises for Unit Two. You are ready to take the second exam. Good luck!