An individual can, to some degree, reduce her vulnerability to high and unanticipated inflation by
A: insisting on long-term wage contracts
B: holding long-term bonds
C: holding cash
D: wage indexation
E: all of the above
A: insisting on long-term wage contracts
B: holding long-term bonds
C: holding cash
D: wage indexation
E: all of the above
举一反三
- Which of the following is least likely to be a direct consequence of a high rate of inflation() A: Increased uncertainty about the long-term inflation rate. B: Increased focus on the long term by business planners and other people. C: A misallocation of resources within the economy.
- Financial lease is sometimes called capital lease and is usually( ). A: all of the above B: intermediate term C: short term D: long term
- Bonds whose term to maturity is shorter than the holding period are also subject to _________
- A lack of sleep in the long term can reduce people’s concentration.
- Generally, the holder of a government bond that is indexed to the price level knows A: either the interest rate, the principal, or both are adjusted for inflation B: the real interest rate will fluctuate with inflation C: there will be no losses as long as inflation is anticipated, but losses can occur if there is an unanticipated increase in the inflation rate D: all of the above E: none of the above