An increase in the expected inflation rate causes the supply of bonds to ________ and the supply curve to shift to the ________, everything else held constant

It is estimated that a 10 percent inflation in the United States would bear a shoe-leather cost of approximately ________ percent of GDP

A) 15 B) 6 C) 2 D) 0.25

A subsidy is the same thing as a tax deduction

Indicate whether the statement is true or false