Which of the following describes a situation in which the person is hurt by inflation?
A) a person who lends money during a period when inflation is over-predicted
B) a person who borrows money during a period when inflation is under-predicted
C) a person paid a fixed income during an inflationary period
D) a retiree whose pension is adjusted for inflation
C
Economics
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The United States decides what goods to produce by letting
a. only the government decide b. members of Congress decide c. only the producers decide d. the producers and consumers decide
Economics
A buyer of a newly-issued bond
A) is a borrower of funds. B) is a lender of funds. C) is purchasing ownership in the institution that issues the bonds. D) must be a producer and not a consumer.
Economics