Under what circumstances does inflation cause no harm to either lenders or borrowers?
a. When inflation equals 0.
b. When inflation equals the historic mean.
c. When inflation equals the inflation of the year before.
d. When there is deflation.
e. When the actual inflation rate equals the expected inflation rate.
.E
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The merger in 1955 joined the
a. Teamsters and the Automobile Workers b. Coal Miners and the Government Workers Union c. American Federation of Labor and the Congress of Industrial Organization d. Knights of Labor and the American Federation of Labor e. Cigar Maker's Union and the Congress of Industrial Organization
Assume that the central bank purchases government securities in the open market. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and reserve-related (central bank) transactions in the context of the Three-Sector-Model?
a. There is not enough information to determine what happens to these two macroeconomic variables. b. The quantity of real loanable funds per time period rises, and reserve-related (central bank) transactions remains the same. c. The quantity of real loanable funds per time period rises, and reserve-related (central bank) transactions become more positive (or less negative). d. The quantity of real loanable funds per time period falls, and reserve-related (central bank) transactions become more negative (or less positive). e. The quantity of real loanable funds per time period and reserve-related (central bank) transactions remain the same.
The official number of poor in the United States
A) is higher today than at any other time in our history. B) has risen steadily since 1981. C) was lowest in the late 1960s. D) is lowest today.
Suppose depreciation per worker is less than saving per worker. Given this situation, explain what will happen to each of the following variables over time: capital per worker, output per worker, saving per worker, and consumption per worker
What will be an ideal response?