The beginning point of a graph (the 0,0 point) is known as

Which group is hurt by inflation being less than expected?

A) holders of TIPS B) lenders of fixed-rate mortgages C) borrowers with fixed-rate mortgages D) all of the above

The principle of revealed preference would say that if Xavier chooses market basket A over market basket B then:

A) if A is more expensive than B, then Xavier must prefer A over B. B) if A is more expensive than B, then Xavier must prefer B over A. C) if A is less expensive than B, then Xavier must prefer A over B. D) if A is less expensive than B, then Xavier must prefer B over A.