Real income is redistributed from ________ in the case of ________ deflation
A) creditors to debtors, anticipated
B) creditors to debtors, unanticipated
C) debtors to creditors, anticipated
D) debtors to creditors, unanticipated
D
Economics
You might also like to view...
What is the present value of $5,000 to be received in one year if the current market interest rate is 6.0%?
a. $3,125 b. $4,717 c. $4,923 d. $5,300
Economics
Regarding the price elasticities of demand, which of the following statements is true?
a. Price elasticities vary considerably from product to product b. Luxurious goods are generally less price elastic. c. Necessities are generally more price elastic. d. All of these statements are true.
Economics