Most voters choose not to be informed about political and governmental issues because they are not smart enough to really understand the issues

When the actual inflation rate turns out to be greater than the expected inflation rate, who gains—the borrower or the lender—and who loses? Explain why

What will be an ideal response?

Under a fixed exchange rate system, at high domestic real interest rates the demand for domestic currency ________, so the central bank ________ foreign-exchange reserves

A) increases; acquires B) increases; loses C) decreases; acquires D) decreases; loses