If You Expect That the Inflation Rate Is 5 Percent

question 104

Multiple Choice

If you expect that the inflation rate is 5 percent and the actual inflation rate turned out to be exactly 5 percent, then:

• A) lenders gain.
• B) borrowers gain.
• C) both the borrowers and lenders gain.
• D) neither borrowers nor lenders gain.

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Definitions:

Population Proportions

The fraction or percentage of items in a particular category within the entire population.

Parents

In genetics, the organisms that give rise to offspring, but in programming (especially object-oriented programming), it refers to the superior or controlling classes in hierarchical relationships.

Defect

A flaw or imperfection in a product, process, or system that fails to meet specified criteria.

Proportion

A statistical measure that indicates the fraction of the total that possesses a certain attribute or characteristic.