What is one of the concerns of opponents of inflation?
a. Indexing is always partial.
b. Indexing is always fair.
c. Indexing is sometimes partial.
d. Indexing is sometimes fair.
a. Indexing is always partial.
Economics
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How is economic research similar to the research in other branches of science?
Economics
You could borrow $2,000 today from Bank A and repay the loan, with interest, by paying Bank A $2,154 one year from today. Or, you could borrow X dollars today from Bank B and repay the loan, with interest, by paying Bank B $2,477.10 one year from today. In order for the same interest rate to apply to the two loans, X =
a. $2,300.00. b. $2,450.00. c. $2,500.00. d. $2,525.50.
Economics