Suppose that the value of a bond is initially $10,000 at the beginning of the year and inflation is 5% over the course of 1 year. What did inflation do to the real value of the debt (liability) after 1 year for the debtor and the real value of the bond (asset) for the bondholder (creditor)

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True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.

Increases in output and increases in the inflation rate have been linked to