This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Inflation acts as a tax because the government gains purchasing power. Is the previous statement ... (Read 68 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
Inflation acts as a tax because the government gains purchasing power. Is the previous statement correct or incorrect?
 
  What will be an ideal response?

Question 2

One type of demander in the loanable funds market
 
  A) lends funds to purchase financial capital.
  B) lends funds to purchase physical capital.
  C) wants physical capital in order to purchase financial capital.
  D) wants funds to purchase financial capital.
  E) wants funds to purchase physical capital.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

The statement is correct. Inflation decreases the purchasing power of people's money and the government essentially gains the purchasing power.

Answer to Question 2

E


captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
Gracias!

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
POWER POINT PRESENTATION logo POWER POINT PRESENTATION logo
The Fukushima Daiichi power plant The Fukushima Daiichi power plant
Using the Power Rule for Derivatives Using the Power Rule for Derivatives
Are these the correct answers for finding the derivative using the power rule? Are these the correct answers for finding the derivative using the power rule?
Physics: Power, Energy and Time Physics: Power, Energy and Time
Video: Electrical changes in the heart

For a complete list of videos, visit our video library