Losers from inflation include:
A. those on a fixed income and savers.
B. landlords and the government.
C. borrowers and the government.
D. those on a fixed income and borrowers.
Answer: A
Economics
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When the Federal Reserve buys $200 worth of government securities, the money supply
A) rises by $200. B) rises by more than $200. C) falls by $200. D) falls by more than $200.
Economics
Deflation
a. reflects falling price levels b. was prevalent during the oil shocks of the 1970s c. under the current trends will cause consumers' purchasing power to shrink d. has been persistent in the U.S. economy since the Great Depression e. is the same as stagflation
Economics