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Author Question: Mortgages with variable interest rates: a. increase the risk of expected inflation to creditors. ... (Read 62 times)

RODY.ELKHALIL

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Mortgages with variable interest rates:
 a. increase the risk of expected inflation to creditors.
  b. increase economic efficiency.
  c. are offered at interest rates that can be adjusted to changes in inflation over time.
  d. make borrowers worse off when inflation increases.
 e. shift the risk of unexpected inflation from the borrower to the lender.

Question 2

The problem of scarcity:
 a. exists because resources are limited relative to wants.
 b. exists because resources are unlimited relative to wants.
 c. can be eliminated through appropriate government intervention into markets.
  d. does not exist in communist societies.



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heyhey123

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Answer to Question 1

c

Answer to Question 2

a





 

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