Multiple Choice
If people had been expecting prices to rise but in fact prices fell,then who among the following would benefit?
A) lenders and people holding a lot of currency
B) lenders but not people holding a lot of currency
C) people holding a lot of currency but not lenders
D) neither lenders nor people holding a lot of currency
Correct Answer:
Verified
Correct Answer:
Verified
Q2: In the U.S. ,taxes on capital gains
Q3: Menu costs refers to<br>A)resources used by people
Q4: Steve purchases some land for $30,000.He maintains
Q5: Between 1880 and 1886,prices that were<br>A)lower than
Q6: Studies have found which of the following
Q8: Given a nominal interest rate of 6
Q9: When inflation rises,people will desire to hold<br>A)less
Q10: Given a nominal interest rate of 8
Q11: Wealth is redistributed from debtors to creditors
Q101: The costs of changing price tags and