4) If actual inflation is more than expected inflation, which of the following groups willmost certainly benefit?а.Lendersb. Borrowersс.Minoritiesd. Womenе.MenSuppose that the consumer price index of a country was 160 at year-end 2004 and 168 at the5)end of 2005. What was the country's inflation rate during 2005?5 percentb.а.8 percent60 percentd.с.68 percent6)If the consumer price index (CPI) at the end of year one was 100 and was 108 at the end ofyear two, the inflation rate during year two waszero; the CPI of 100 indicates that prices were stable.b.а.8 percent.5 percent.d.c.108 percent.

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If actual inflation is more than expected inflation,

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 13P

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Question

4) If actual inflation is more than expected inflation, which of the following groups will
most certainly benefit?
а.
Lenders
b. Borrowers
с.
Minorities
d. Women
е.
Men
Suppose that the consumer price index of a country was 160 at year-end 2004 and 168 at the
5)
end of 2005. What was the country's inflation rate during 2005?
5 percent
b.
а.
8 percent
60 percent
d.
с.
68 percent
6)
If the consumer price index (CPI) at the end of year one was 100 and was 108 at the end of
year two, the inflation rate during year two was
zero; the CPI of 100 indicates that prices were stable.
b.
а.
8 percent.
5 percent.
d.
c.
108 percent.

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