If the inflation rate is higher than expected, real income is redistributed from lenders to borrowers

a. True
b. False


A

Economics

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In 2015, full-time workers aged 25 and over with a college degree earned ________ school dropouts

A) 20 times as much as B) 2.5 times as much as high C) 5 times as much as D) roughly the same amount as

Economics

The various ways that vertical relationships can evade regulation include

a. tying the sale of a regulated good to a customer's choice of an unregulated good b. bundling regulated and unregulated goods c. preventing the exclusion of rival unregulated goods d. insuring tax rates are uniform across jurisdictions

Economics

If households purchase $60,000 worth of consumer goods and firms produce $50,000 worth of consumer goods, then

A) inventory changes are -$10,000. B) inventory changes are +$10,000. C) new capital goods expenditures (by firms) are $10,000. D) consumer goods expenditures are $10,000.

Economics

The price of one currency in terms of another is the

A. price of gold. B. foreign exchange rate. C. price of a SDR. D. price of foreign stock.

Economics