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Author Question: If the annual inflation rate in an economy is positive, the purchasing power of a dollar kept in a ... (Read 116 times)

nramada

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If the annual inflation rate in an economy is positive, the purchasing power of a dollar kept in a bank:
 
  A) will decrease over time.
  B) will remain the same over time.
  C) will increase over time.
  D) can increase or decrease depending on the economic growth rate.

Question 2

If the government has a spending flow that exceeds the revenues it collects, the government will run a ________ that year.
 
  A) surplus B) deficit C) debt D) debt and a deficit


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yasmina

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nramada

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Reply 2 on: Jun 30, 2018
Gracias!


vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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