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THIS QUESTION IS WORTH 6 POINTS. EACH PART (A & B) IS WORTH 3 POINTS, 1 POINT FOR THE CORRECT RESPONSE (T OR F) AND

THIS QUESTION IS WORTH 6 POINTS. EACH PART (A & B) IS WORTH 3 POINTS, 1 POINT FOR THE CORRECT RESPONSE (T OR F) AND 2 POINTS FOR THE CORRECT (VERY BRIEF) EXPLANATION. A VERY BRIEF EXPLANATION ( FEW WORDS/1-2 LINES/RELEVANT GRAPH) MUST BE PROVIDED FOR A TRUE (T) AS WELL AS A FALSE RESPONSE AS WELL. (A) There is a role for Government in a market economy. (B) Borrowers are the winners in presence of Inflation

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