Multiple Choice
When disinflation arises unexpectedly,the real interest rate will _____ the equilibrium rate,which will benefit _____.
A) exceed;lenders and harm borrowers
B) exceed;benefit borrowers and harm lenders
C) fall short of;lenders and harm borrowers
D) fall short of;borrowers and harm lenders
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Inflation generally causes the taxes paid by
Q12: Changes in money velocity and GDP are
Q13: Inflation tends to cause nominal wages to:<br>A)
Q14: If the growth rate of the money
Q15: The price level at the end of
Q17: How might changes in the money supply
Q18: Because of money illusion,inflation usually confuses:<br>A) consumers.<br>B)
Q19: What effect did reducing U.S.inflation from 13.5%
Q20: The price of phone calls has risen
Q21: If the CPI for this year is