What is an advantage of mild inflation according to some economists? select one:
a. it to close the gdp gap.
b. it reduces the inflation premium.
c. it makes it easier for firms to adjust real wages downward as demand for their products falls.
d. it reduces frictional, structural, and cyclical unemployment in the economy to make the economy more productive?

I think the correct answer would be D. inflation reduces frictional, structural, and cyclical unemployment in the economy making the economy more productive. Inflation stimulates growth of the nation's economy. It drives consumption of the consumers which increases the spending levels resulting to economic growth.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Robber, police man/ woman interrogator, detective(s), witnesses