3 redistributive effects of inflation:

What will be an ideal response?


1) price effects
2) income effects
3) wealth effects

Economics

You might also like to view...

Which type of ratio measures the ability of a business to meet short-term financial obligations?

a. liquidity ratios b. activity ratios c. financial leverage ratios d. profitability ratios e. value of the firm ratios

Economics

A local manufacturing plant that emitted sulfur dioxide was forced to stop production because it did not comply with local clean air standards. This decision provides an example of

a. a direct regulation of an externality. b. corrective taxes. c. a Coase theorem solution to an externality. d. the misuse of a subsidy.

Economics

The use of controlled experiments using particular substances to test hypotheses is most likely to be found in:

A) chemistry. B) economics. C) history. D) the humanities.

Economics

A deductible is the

A. amount of covered expense that an individual will have to pay before the insurance company pays anything. B. percentage of a covered expense that an individual will have to pay. C. amount of covered expense that an insurance company will have to pay before the individual pays anything. D. percentage of a covered expense that an insurance company will have to pay.

Economics