Which of the following assets decreases the most in purchasing power during inflation?
A. government bonds
B. real estate
C. savings account money
D. cash
D. cash
You might also like to view...
A firm experiencing constant economies of scale will have a long-run average cost curve that is:
a. upward sloping b. vertical c. downward sloping d. horizontal
A positive externality is one in which there is an external benefit bestowed on a third party>
a. True b. False
A monopolist always produces on the elastic portion of the demand curve
a. True b. False Indicate whether the statement is true or false
Unemployment rates for skilled workers compared to unemployment rates for unskilled workers are:
a. Lower, because skilled workers tend to be primarily employed by government at the local, state, and Federal levels b. Lower, because skilled workers tend to be employed in less cyclically vulnerable industries, such as the services and nondurable goods industries c. Higher, because businesses are less likely to retain the more costly skilled workers no matter what type of industry d. Higher, because skilled workers tend to be employed in more cyclically vulnerable industries, such as the durable goods industry