Multiple Choice
The rate of inflation increases. The government will benefit because:
A) it is a huge creditor.
B) tax revenues will increase.
C) the interest that must be paid on government bonds will decline.
D) productivity increases will cause economic growth to increase.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Demand and other checkable deposits are the
Q34: Because government is a huge debtor, it
Q35: If you wish to measure price changes
Q36: A high and variable rate of inflation
Q37: When money functions as a unit of
Q39: The U.S. government benefits from inflation because:<br>A)
Q40: Who is most likely to lose as
Q41: Incomes policy attempts to control inflation by:<br>A)
Q42: In which of the following examples is
Q43: M1 includes currency, travelers' checks, demand deposits,