A high current rate of inflation ________ those who have saved and ________ those who have borrowed
A) harms, helps
B) harms, has no effect on
C) helps, helps
D) helps, has no effect on
E) helps, harms
A
Economics
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The Jerry-Berry Ice Cream Shoppe's total cost schedule is in the above table. Based on the table, the marginal cost of producing the fourth gallon of ice cream is
A) $2. B) $3. C) $5. D) $8. E) $32.
Economics
Which of the following statements is true about bonds?
A) Sellers of newly issued bonds are borrowers. B) When the government and large corporations want to borrow money they buy bonds. C) A bond owner must hold a bond until it matures. D) The interest rate on a bond is directly related to its price.
Economics