"Pay or play" reduces the health care cost of hiring low-wage employees relative to an employer mandate

Which of the following statements is always true when inflation occurs?

a. Lenders benefit and borrowers suffer. b. Borrowers benefit and lenders suffer. c. The international competitive position of the country is negatively affected. d. The domestic money loses purchasing power. e. None of the above is true.

In both perfectly competitive and monopoly markets, the price per unit of a good is equal to the