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Author Question: Which of the following is likely to be an effect of inflation? a. An increase in the willingness of ... (Read 10 times)

xclash

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on: Jun 30, 2018
Which of the following is likely to be an effect of inflation?
 a. An increase in the willingness of lenders to lend money for longer periods
 b. A decrease in the willingness of borrowers to borrow money for longer periods
 c. A decrease in the purchasing power of lenders in the economy
 d. An increase in the willingness of people to buy bonds as a hedge against rising prices
 e. An increase in the willingness of people to buy physical assets as a hedge against rising prices

Question 2

The government defines poverty as an income level less than three times the cost of a minimal diet.
 a. True
  b. False
  Indicate whether the statement is true or false


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skipfourms123

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

c

Answer to Question 2

True


xclash

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

helenmarkerine

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Reply 3 on: Yesterday
Wow, this really help

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