Costs of unanticipated inflation
Question: Give two costs of anticipated inflation and two costs of unanticipated inflation. How is the magnitude of each affected if, instead of a moderate inflation, hyperinflation occurs.
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What is your goal with regard to pursuing a doctoral education at Liberty University?
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In addition, 200 people in the community are under the age of 16. The unemployment rate is...?
How is marginal analysis relevant in the decision about which car to purchase? After deciding the kind of car to purchase, how is marginal analysis relevant?
Question: Give two costs of anticipated inflation and two costs of unanticipated inflation.
There is a city downstream, which uses the river as a water supply and for recreation. If property rights to the river are ill-defined, what problems may occur?
Problem: What is the historical relationship between unemployment and inflation?
Compare how quickly the oil is likely to be extracted in this situation with how quickly it would be extracted if one person owned the property rights to drill.
How would the situation improve if people who won licenses were allowed to sell them to others?
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