Which person would suffer the most from inflation? Tin
Gertrude is a retired 80-year old woman living on a fixed income.
1
O Coach Hirsh invests in gold and sees the value of it go up by about 7% year
to year.
O Brittany is a high school senior who has been saving money for all of her
senior activities.
O Braxton is approaching retirement but continues to work full-time.
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Economics

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

Which of the following would classify as a general education requirement