If the expected inflation rate was 4 percent and the actual inflation rate was 6 percent, then
A. borrowers gained in real terms at the expense of lenders.
B. lenders gained in real terms at the expense of borrowers.
C. borrowers and lenders were not affected.
D. the government lost because it collected less in taxes.
Answer: A
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Typically, a profitable company that pays relatively high dividends:
A. is a bad investment. B. is an attractive investment for those seeking a steady income, like retired people. C. will reinvest more profit which can lead to smaller growth potential. D. will experience more growth in stock price over time.
Which word might signal the beginning of an adverb clause?
a. whose b. though c. driving
If the plot of the residuals is fan shaped, which assumption of regression analysis (if any) is violated?
A. Normality B. Homoscedasticity C. Independence of errors D. No assumptions are violated.
The employees of Eco Engineering Inc. share company-related resources among multiple computers without requiring a central network server. This is
A. digital sampling. B. cybersquatting. C. cloud computing. D. peer-to-peer (P2P) networking.