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Author Question: Inflation: a. can cause a redistribution of income from creditors to borrowers. b. may discourage ... (Read 179 times)

krzymel

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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).


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ryrychapman11

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


krzymel

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Excellent

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