Who benefits from rising inflation?
A) those who already have fixed-rate loans
B) those considering taking out a loan
C) lenders that already made loans
D) lenders considering whether to make new loans
A
Economics
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An increase in the home country's income will result in a(n) ___ in the home country trade balance, and an increase in foreign income will result in a(n) ___ in the home country trade balance.
a. fall; fall b. increase; increase c. increase; fall d. fall; increase
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China's economy did not decline at all during its transition from communism to capitalism
Indicate whether the statement is true or false
Economics