« previous next »

Author Question: If inflation turns out to be higher than was anticipated, debtors are helped because A) the real ... (Read 73 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
If inflation turns out to be higher than was anticipated, debtors are helped because
 
  A) the real present value of their payments increases.
  B) the real present value of their payments decreases.
  C) the nominal present value of their payments increases.
  D) the nominal present value of their payments decreases.

Question 2

Four banks are offering the same interest rate of 4. Where do you invest?
 
  A) Bank A compounds interest on a yearly basis.
  B) Bank B compounds interest on a monthly basis.
  C) Bank C compounds interest on a daily basis.
  D) I am indifferent between banks.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jul 1, 2018
Thank you :)


zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Cause of Inflation Cause of Inflation
In older adults, higher education is related to higher levels of ego development. In older adults, higher education is related to higher levels of ego development.
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
A typical evaporative emission control system. Note that when the computer turns on the canister ... A typical evaporative emission control system. Note that when the computer turns on the canister ...
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Real skeleton of a lion Real skeleton of a lion
Video: Cataract

For a complete list of videos, visit our video library