Among the losers from inflation are
a. savers and borrowers
b. landlords and the government
c. borrowers and the government
d. those on a fixed income and borrowers
e. those on a fixed income and savers
E
Economics
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A) Supply of labor depends on expected real wage. B) Workers gradually adapt their expectations of the price level to the actual price level. C) imperfect information D) market-clearing labor market
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Antitrust laws prohibit undesirable business practices by firms holding monopoly power
a. True b. False Indicate whether the statement is true or false
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