One effect of inflation is that it is a tax that redistributes goods and services from

A) investors to savers.
B) households and businesses to the government.
C) businesses to households.
D) government to households.
E) government to businesses.


B

Economics

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At any point in time, a single bank can loan an amount equal to

A) its excess reserves. B) its required reserves. C) its government securities. D) the amount of loans the bank made in the past. E) its total reserves.

Economics

The firm's short run supply curve is equal to the

A) entire marginal cost curve. B) marginal cost curve above the AVC curve. C) marginal cost curve above the ATC curve. D) marginal cost curve above the AFC curve.

Economics

The amount of income a consumer has to spend on goods and services is known as

A) wealth. B) a budget constraint. C) purchasing power. D) effective demand.

Economics

Explain the causes of the U.S. Savings and Loans crisis of the early 1980s

What will be an ideal response?

Economics