Quiz, week #2
Measuring macro outcomes
QUESTIONS: SHOULD BE IN ARIAL AT 11′ MORE THAN 720 WORDS
DUE DATE: 08/24/2014
1. Are people worse off when the price level rises as fast as their income? Why do people often feel worse off in such circumstances?
2. Identify two groups that benefit from deflation and two that lose.
ATTACHED SOME INFO FOR REFERENCE.