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Author Question: Which of the following is an example of an incomes policy? a. expansionary fiscal policy b. ... (Read 35 times)

sc00by25

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on: Jun 30, 2018
Which of the following is an example of an incomes policy?
 a. expansionary fiscal policy
 b. expansionary monetary policy
  c. contractionary fiscal policy
 d. presidential jawboning

Question 2

Consider borrowers and lenders who agree to loans with fixed nominal interest rates. If inflation is higher than what the borrowers and lenders expected, then who benefits from lower real interest rates?
 a. Only the borrowers benefit.
  b. Only the lenders benefit.
  c. Both borrowers and lenders benefit.
  d. Neither borrowers nor lenders.


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akemokai

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

d

Answer to Question 2

a


sc00by25

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


akemokai

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


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