All other things equal, the real surplus:
A. is not affected by inflation.
B. rises as inflation increases.
C. falls as inflation increases.
D. may rise or fall as inflation increases depending on the level of debt.
Answer: B
Economics
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A) the coupon bond has the greater effective maturity. B) the discount bond has the greater effective maturity. C) the effective maturity cannot be calculated for a coupon bond. D) the effective maturity cannot be calculated for a discount bond.
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Eminent domain _____
a. is when government forces holdouts to sell b. can be used by special interest for public gain c. is the only way to solve the holdout problem d. a and b e. b and c
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