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Author Question: A worker would be hurt least by inflation when the: a. worker anticipates inflation and increases ... (Read 41 times)

torybrooks

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on: Jun 30, 2018
A worker would be hurt least by inflation when the:
 a. worker anticipates inflation and increases savings at the bank.
  b. worker is protected by a cost-of-living adjustment clause in an employment contract.
  c. price level increases but at a decreasing rate.
  d. worker is protected by fixed annual increases in wages and benefits in an employment contract.

Question 2

The tax multiplier is equal to the spending multiplier.
 a. True
  b. False
  Indicate whether the statement is true or false


mjbamaung

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

b

Answer to Question 2

False


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