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svp [43]
2 years ago
10

When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors. / true or

false
Business
1 answer:
alexandr402 [8]2 years ago
7 0

Answer: True. When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors.

Explanation:  If inflation is high, money is not moving as it normally would in a low inflation time. When inflation is low, money is moving more freely (people are spending) to the debtors and the creditors. Inflation refers to the increase in prices and fall in the purchasing value of money.

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3 years ago
Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth p
ddd [48]

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e. None of these.

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Step 1. Given information.

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Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)

Step 3. Calculation.

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7 0
3 years ago
On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June
densk [106]

Answer:

Yes, because the job offer is for longer than one year from March 1

Explanation:

Since in the question it is mentioned that Sara who is a student have offered a job on March 1 that begins on June 15 and she have to move to california for the job. So here the Sara  would ask the letter in the case when she accepted the offer immediately as the job offer would be more than one year i.e. from March 1

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