If the inflation rate is higher than expected, real income is redistributed from lenders to borrowers
a. True
b. False
A
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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
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
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.
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.