The category of persons who would be most likely to be harmed by an increase in the

Question:

The category of persons who would be most likely to be harmed by an increase in the rate of inflation is:

A. homeowners with fixed 30-year mortgages.

B. retirees relying on a fixed annuity payment.

C. workers employed under contracts with escalator clauses.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

See More Books

Question Posted: Mar 09, 2024 11:02 AM

See More Questions

Ethan Properties Philippines, Inc. was registered with the Philippine SEC in 2008 and is engaged in developing and operating for sale, lease, or hold for investment real estate of all kinds,...
Multiple Choice Questions: 1. Which of the following is part of the economic way of thinking? a. When an option becomes less costly, individuals will become more likely to choose it. b. Costs are...
The Loctite Corporation, a large adhesives producer, makes a wide variety of products for both industrial and consumer markets. One of Loctites industrial products is Quick Set Instant Adhesive. It...
Some economists argue that Inflation numbers calculated by CPI are not accurate especially during the pandemic. Explain why do they believe inflation numbers are not that accurate during pandemic?
A microscope uses an eyepiece with a focal length of 1.70 cm. Using a normal eye with a final image at infinity, the barrel length is 17.5 cm and the focal length of the objective lens is 0.65 cm....
Can exercise improve your mood? A researcher was interested in whether there was a relationship between the number of hours exercised and the mood for a sample of six individuals. These individuals...
William Stem filed an action against Gary Braden, seeking to rescind a contract for the sale of an automobile and to obtain the return of the purchase price plus interest. The trial court granted...
Relevant-cost approach to pricing decisions, special order. The following financial data apply to the videotape production plant of the Dill Company for October 2009: Variable manufacturing overhead...
The database contains three tables containing information about this company's sales process: Inventory, Sales, and SalesItems. Use the Relationships window to link the tables together. The...
The term that describes when inflation declines but nonetheless remains at a positive level is: A. deflation. B. stagflation. C. disinflation.
The factor for which it is most difficult to estimate its effect on the unemployment rate is: A. technological progress. B. the use of temporary workers. C. the nature of underemployment.
Which of the following compounds would be expected to form intermolecular hydrogen bonds in the liquid state? (a) H 2 Se (b) HCO 2 H (formic acid) (c) HI (d) acetone, (CH 3 ) 2 CO 0 H-C-OH formic acid
Jeremy approaches three people who do not want to buy any plants; however, they wish to donate some money for the fundraiser when Jeremy delivers the plants one week later. If the people promise to...
A woman wants to forever endow her heir with 50,000 per year. If the woman's trust will earn 6%, how much needs to be put into the trust with these annual funds?
One year ago, you invested $2,980. Today it is worth $3,800.50. What rate of interest did you earn?
During the pandemic, why did the cargo revenue increase while passenger revenue decreased?
On June 3 , 2 0 X 1 , Georgia State Company received a $ 1 0 , 4 0 0 , 4 5 - day, 1 0 percent note from Sampson Byrd , a customer whose account was past due. The note was discounted on June 1 8 , 2 0...
Three cables attached to a disk exert on it the forces shown. (a) Replace the three forces with an equivalent force-couple system at A. (b) Determine the single force which is equivalent to the...
A stock has had returns of 8 percent, 26 percent, 14 percent, 17 percent, 31 percent, and 1 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
1. Do you think a temporary executive may be an effective leader? What types of skills should this person have to inspire and motivate subordinates? 2. Make a list of challenges a temporary executive...
In Section 4.8 we considered Newton's method for approximating a root r of the equation f(x) = 0, and from an initial approximation we obtained successive approximations x2, x3, ...., where Use...
This problem will enable you to apply a revealed preference argument to see if a firm is minimizing the total cost of production. The firm produces output with a technology characterized by a...
What are 3 foreseeable risks that exist in lacrosse? What is the probability and likelihood that each of these risks could actually occur?
Hiram's Lakeside is a popular restaurant located on Lake Washington in Seattle. The owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern...
Roman Corporation manufactures a product available in a deluxe model and a regular model. The company has manufactured the regular model for years. The deluxe model was introduced several years ago...

The category of persons who would be most likely to be harmed by an increase in the

Question:

Step by Step Answer:

Homeowners with Fixed 30Year Mortgages An increase in the rate of inflation can potentially harm homeowners with fixed 30year mortgages The reason is ...View the full answer

Economics For Investment Decision Makers

Students also viewed these Business questions