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Tidy Tidy
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Posts: 4852
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9 years ago
Which of the following individuals would be most negatively affected by anticipated inflation?
A) a retired railroad engineer who receives a fixed income payment every month
B) a union contractor whose pay is adjusted based on changes in the CPI
C) a full-time employee at a pizza parlor who makes more than the minimum wage
D) a student who borrows $10,000 at a nominal interest rate of 5% to finance educational expenses
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 523 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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#1
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9 years ago
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#2
9 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
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