Unanticipated inflation will hurt ________ and help ________
A) pensioners; borrowers
B) borrowers; pensioners
C) the government; tax payers
D) homeowners; banks
A
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Which of the following does a social planner necessarily need to know to restore efficiency in a monopoly market?
A) The monopolist's marginal costs only B) The buyers' demand for a close substitute of the product sold in the market C) The monopolist's marginal revenue and the tax levied on the sale of the good D) The monopolist's marginal costs and the buyers' willingness to pay for the good
Explain why the rate of return from investing in stocks is higher than from investing in bonds
What will be an ideal response?
Cross-price elasticity is represented by the formula ?Q/?P × P/Q; where Q and ?Q represent the quantity demanded and change in quantity demanded of a good, and P and ?P represent the price and change in price of a related good respectively
a. True b. False Indicate whether the statement is true or false
Movies are a major export of the U.S
a. True b. False Indicate whether the statement is true or false