The argument that budget deficits are inflationary is
a. always correct.
b. correct only when the deficit is monetized.
c. correct only when the aggregate supply curve is horizontal.
d. correct only when the aggregate supply curve is upward sloping.
d
Economics
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The excess of the nominal interest rate over the TIPS interest rate is known as the
A) interest-rate differential. B) break-even inflation rate. C) yield spread. D) term structure.
Economics
One way to approach saving is to have a goal of building a(n) ______________ of three to six month's income
a. Emergency fund b. Umbrella reserve c. Quantity fund d. Production/consumption reserve
Economics