An unexpected reduction in inflation would tend to benefit which of the following?
A) creditors
B) debtors
C) creditors and debtors
D) neither creditors nor debtors
A
You might also like to view...
Industries often lobby against the removal of regulations because
a. the regulations often enforce a de facto cartel agreement. b. their customers would be made worse off without government-proscribed standards. c. the largest firms could then dominate the industry. d. deregulation would cause higher entry prices for new firms.
One of the distinguishing characteristics of capital mobility today is that
A) there are far more kinds of financial instruments than there were 100 years ago. B) nations are no longer dependent on their own national savings for their investment funds. C) the bulk of foreign capital flows are tied to labor flows. D) foreign capital flows are better managed and rarely cause financial problems. E) currency markets play a less significant role than they did in the past.
Low levels of sales that cause low levels of investment spending is an example of a
a. vicious circle. b. virtuous circle. c. convergence circle. d. divergence circle.
The marginal revenue product (MRP) of land declines as more land is brought into use. As a result the:
A. demand curve for land is downsloping. B. demand curve for land is upsloping. C. supply curve for land is downsloping. D. supply curve for land is upsloping.