The spread (difference) between the yield on conventional bonds and the yield on indexed bonds with the same maturities is an indication of the expected inflation rate

Indicate whether the statement is true or false

True

Economics

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The fact that unsheltered saving is taxed under our current tax system creates a double tax on saving because _____

a. saving occurs out of after-tax income b. of IRAs c. investments earns such high rates of return d. consumption should be equalized with saving

Economics

Consumer surplus is represented by the area under the supply curve but above the price

Indicate whether the statement is true or false

Economics