Which of the Following Statements Is True

question 128

Multiple Choice

Which of the following statements is true?

• A)In the 1980s, the rate of inflation became negative.
• B)The average rate of inflation has been close to zero over the past 50 years.
• C)Over the past 50 years, the United States has not experienced a low and stable rate of inflation.
• D)The inflation rate usually increases during a recession.
• E)The rate of inflation usually falls to zero during a recession.

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Definitions:

Prescription

Legal acquisition of rights through the continuous and habitual exercise of those rights over a lengthy period.

Reservation

The act of keeping something, such as a right or property, specifically withheld or protected from being given up or used.

Lien

A legal right or interest that a lender has in the borrower’s property, granted until a debt owed by the borrower is paid off.

Real Property

Real Property entails land and anything permanently affixed to it, such as buildings, in contrast to personal property or chattels.