An individual would suffer higher losses from an unexpectedly higher inflation rate if
a. she held much currency and owned few bonds.
b. she held much currency and owned many bonds.
c. she held little currency and owned few bonds.
d. she held little currency and owned many bonds.
b
Economics
You might also like to view...
Supply curves slope upward to the right because
A) high enough prices make sunk costs irrelevant. B) higher prices attract resources from other uses. C) marginal cost is less than elasticity of demand. D) otherwise they would not intersect demand curves.
Economics
Economists use a preference map to illustrate that
A) more is better than less. B) preferences are transitive. C) preferences are complete. D) All of the above.
Economics