Unanticipated inflation will hurt ________ and help ________
A) pensioners; borrowers
B) borrowers; pensioners
C) the government; tax payers
D) homeowners; banks
A
Economics
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Even if everyone agreed on policy priorities, there would still be trade-offs related to economic policy.
Answer the following statement true (T) or false (F)
Economics
A leftward shift in aggregate demand will cause a decrease in both output and price level if aggregate supply is
A. Vertical. B. Horizontal. C. Downward-sloping to the right. D. Upward-sloping to the right.
Economics