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Author Question: Mortgages with variable interest rates: a. increase the risk of expected inflation to creditors. ... (Read 61 times)

RODY.ELKHALIL

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

c

Answer to Question 2

a


RODY.ELKHALIL

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Reply #2 on: Jun 30, 2018
Correct answers!


heyhey123

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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