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

Author Question: Inflation: a. can cause a redistribution of income from creditors to borrowers. b. may discourage ... (Read 169 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Inflation:
 a. can cause a redistribution of income from creditors to borrowers.
 b. may discourage investment and economic growth.
  c. can decrease the value of a nation's currency relative to other nations.
  d. may result in any of the above.

Question 2

Which of the following groups are typically harmed by unexpected inflation?
 a. lenders
 b. borrowers
 c. pensioners on fixed incomes
  d. both (a) and (c).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryrychapman11

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


krzymel

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

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
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library