Among the following, which group is helped during periods of inflation?
A. Creditors
B. Farmers
C. People on fixed incomes
D. Lenders
B. Farmers
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Calculations make it clear that for the majority of current retirees, the rate of return on Social Security taxes and benefits was
A. lower than what would have been generated in private stock-market investments. B. greater than what would have been generated in private stock-market investments. C. riskier than what would have been generated in private stock-market investments. D. roughly equal to what would have been generated in private stock-market investments.
Which of the following statements best describes a comparison between Keynesian and neoclassical models?
a. Neoclassical economics tends to view deflation as a price that might sometimes be paid for lower unemployment; Keynesian economics tends to view deflation as a cost that offers no offsetting gains in terms of lower unemployment. b. Keynesian economics tends to view deflation as a price that might sometimes be paid for lower unemployment; neoclassical economics tends to view deflation as a cost that offers no offsetting gains in terms of lower unemployment. c. Neoclassical economics tends to view inflation as a price that might sometimes be paid for lower unemployment; Keynesian economics tends to view inflation as a cost that offers no offsetting gains in terms of lower unemployment. d. Keynesian economics tends to view inflation as a price that might sometimes be paid for lower unemployment; neoclassical economics tends to view inflation as a cost that offers no offsetting gains in terms of lower unemployment.
Investors face the risk that the economy could go into another recession. This risk is:
A. Idiosyncratic B. Diversifiable C. Systemic D. Time preference
A health care organization that contracts with employers to provide health insurance to their workers, and hires doctors and other groups to provide health care for the workers who are insured is a:
A. Preferred provider organization B. Health maintenance organization C. Diagnosis-related group system D. Regional health alliance