A worker would be hurt least by inflation when the: a. worker ...

[torybrooks]

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]

Answer to Question 1

b

Answer to Question 2

False