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Author Question: Those hurt by inflation include: a. labor unions with COLA clauses. b. borrowers. c. savers. d. ... (Read 113 times)

Pea0909berry

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on: Jun 30, 2018
Those hurt by inflation include:
 a. labor unions with COLA clauses.
  b. borrowers.
  c. savers.
  d. owners of real estate.
  e. owners of precious metals, antiques, and works of art.

Question 2

According to supply-side fiscal policy, reducing tax rates on wages and profits will:
 a. create demand-pull inflation.
  b. lower the price level but may trigger a recession.
  c. result in stagflation.
  d. reduce both unemployment and inflation.


Liamb2179

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

c

Answer to Question 2

d


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