Multiple Choice
One cost of unanticipated inflation is
A) both lenders and borrowers lose.
B) arbitrary redistributions of income.
C) nominal income falls below real income.
D) people cannot repay their debts.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Economists consider the economy to be at
Q44: In November 2008, the MONTHLY rate of
Q45: Since the 1930s the United States has
Q46: Actual unemployment can exceed the natural rate
Q47: Explain what is meant by the terms
Q49: Marginally attached workers are discouraged workers who
Q50: Cyclical unemployment occurs<br>A) because the government labels
Q51: Inflation must be high in Moscow because
Q52: At full employment there is no<br>A) structural
Q53: Steel workers laid off from their jobs