Which of the following statements is always true when inflation occurs?
a. The domestic money loses purchasing power.
b. Borrowers benefit and lenders suffer.
c. The international competitive position of the country is negatively affected.
d. All of the above are always true.
e. Lenders benefit and borrowers suffer.
.A
Economics
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Ceteris paribus, if the Fed raises the discount rate, then:
A. The money multiplier decreases. B. The lending capacity of the banking system increases. C. Excess reserves decrease. D. The incentive to borrow reserves decreases.
Economics
Surveys have found that ____________ are the strongest proponents of placing limits on imports.
a. unskilled workers b. farmers c. skilled workers d. college professors
Economics