Multiple Choice
Given a fixed nominal interest rate on a loan,what is the result of unanticipated deflation?
A) It increases the burden of paying off the loan.
B) It does not alter the burden of paying off the loan.
C) It has an indeterminate effect on the burden of paying off the loan.
D) It decreases the burden of paying off the loan.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: What are the three major macroeconomic goals
Q8: What does the unemployment rate measure?<br>A)unemployed workers
Q9: Since 1976,what has happened to the labour
Q10: Why do economists believe that the CPI
Q11: In the period 1962-2010,how many major recessions
Q13: Cody has recently graduated from university with
Q14: What is the term for unemployment that
Q15: In 2010,which of these provinces had the
Q16: Economic growth refers to an increase in
Q17: The information below describes the real GDP