Money & Bank MCQ
MB Chapter 5
Everything else held constant, an increase in expected inflation, lowers the expected return on ________ compared to ________ assets.
Everything else held constant, an increase in expected inflation, lowers the expected return on ________ compared to ________ assets.
Everything else held constant, an increase in expected inflation, lowers the expected return on ________ compared to ________ assets.
A) bonds; financial
B) bonds; real
C) physical; financial
D) physical; real
Answer: B
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