Answer Happy

Question 4 (1 point) ✔ Saved Is the person hurt or helped by the situation? If the person is hurt answer a, if the person is helped answer b. Use the following information to help you make the decision about who is hurt: The expected inflation rate (what people believed the inflation rate would be in the next year) in the economy was 3% from last year to this. In reality the inflation rate from last year to this year was 6%. Claude borrowed $10,000 last year, repayable over a two year period to buy a boat. Is Claude hurt or helped? 1) Hurt 2) Helped

Question 5 (1 point) Is the person hurt or helped by the situation? If the person is hurt answer a, if the person is helped answer b. Use the following information to help you make the decision about who is hurt: The expected inflation rate (what people believed the inflation rate would be in the next year) in the economy was 3% from last year to this. In reality the inflation rate from last year to this year was 6%. Saved Sidda is an elderly woman who lives on her deceased husband's pension. Is Sidda hurt or helped? 1) Hurt 2) Helped