In what circumstances would lenders most benefit?
A. When there is an anticipated decrease in inflation.
B. When there is an unanticipated increase in inflation.
C. When there is an anticipated increase in inflation.
D. When there is an unanticipated decrease in inflation.
Answer: D
You might also like to view...
If a graph shows a negative relationship between two variables which then becomes a positive relationship, this curve would
A) always be an upward-sloping line. B) have a minimum point. C) have a maximum point. D) always be a downward-sloping line.
Because a monopsony must raise the wage on all labor hired in order to hire more labor,
A) the MCL curve is horizontal at the market wage. B) the MCL curve is negatively sloped. C) MCL = W. D) MCL > W.
The Gini coefficient provides a measure of
a. the level of poverty. b. the level of relative inequality. c. disguised unemployment. d. the rate of growth.
Suppose that when the price of root beer rises 1%, the quantity of hotdogs demanded falls 0.5%. This would mean that hotdogs and root beer are
A) substitutes, with a cross price elasticity of 0.5. B) complements, with a cross price elasticity of -0.5. C) substitutes, with a cross price elasticity of -2.0. D) complements, with a cross price elasticity of -2.0.