If a dollar today will likely have more purchasing power because of inflation, then a dollar a year from now ________ a dollar today

A) will be more valuable than B) will have the same value as
C) will be less valuable than D) may be more valuable or less valuable than


C

Economics

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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as

A. $100. B. $1,000. C. $2,500. D. $5,000.

Economics

The Federal Reserve's credit policy refers to

A) the Fed's direct lending to homeowners and students. B) regulations on terms on credit cards that banks issue. C) a direct credit on bank depositors' saving and checking accounts. D) the Fed's direct lending to financial and nonfinancial firms.

Economics

In the above table, for Mary the opportunity cost of producing a dress is ________ and the opportunity cost for Mark of producing a dress is ________

A) 1 1/2 jackets; 2 1/2 jackets B) 1 jacket; 1 jacket C) 1 dress; 1 dress D) 1 1/2 jackets; 2/3 of a jacket E) 1 1/4 jackets; 1/2 of a jacket

Economics

The term "tragedy of the commons" describes:

a. how communal ownership of property leads to overuse and speedy exhaustion of resources. b. the very difficult circumstances that the every-day citizens faced when the first arrived in colonial America. c. how collective ownership of property produces a greater incentive for people to shirk, or work less than they otherwise would. d. how establishing governments was very difficult in the initial settlements.

Economics