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Author Question: The adverse consequences of debt deflation are most evident ________. A) in the expansion of ... (Read 58 times)

bobbie

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on: Jun 30, 2018
The adverse consequences of debt deflation are most evident ________.
 
  A) in the expansion of credit to high-risk borrowers
  B) on the balance sheets of nonfinancial businesses
  C) in a sharp decline in the real interest rate
  D) on the balance sheets of financial businesses

Question 2

Wealth ________.
 
  A) may serve the monetary function of store of value
  B) means essentially the same as money
  C) differs from money in that wealth is more liquid
  D) is the flow that corresponds to the stock of income
  E) none of the above


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djofnc

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

B

Answer to Question 2

A


bobbie

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Reply 2 on: Jun 30, 2018
:D TYSM

frankwu0507

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

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