Multiple Choice
All of the following except one are examples of the redistributive effects of inflation.Which is the exception?
A) The economy's growth slows due to a drop in the level of investment.
B) The real rate of interest on a 20-year mortgage steadily falls.
C) A wealthy couple,both in sales,experience commission pay increases equal to the inflation rate.
D) A retired couple continue to live on fixed-rate-bond interest.
Correct Answer:

Verified
Correct Answer:
Verified
Q87: What is the labour force status of
Q88: What would be the effect of 100,000
Q89: Suppose there are 2 million unemployed workers
Q90: Why might the official unemployment rate be
Q91: Why is deflation undesirable?<br>A)Because it causes a
Q93: How is the real interest rate determined?<br>A)By
Q94: Assume an economy is producing only one
Q95: Assume that the CPI in 2015 is
Q96: What is core inflation?
Q97: In 2017 Robinson's nominal income rose by