Which of the Following Is a True Statement

question 29

Multiple Choice

Which of the following is a true statement?

• A)Unanticipated inflation is a change in the general level of prices that catches most decision makers by surprise.
• B)High and variable rates of inflation are easy for decision makers to forecast accurately.
• C)High and variable rates of inflation can increase GDP by reducing investment.
• D)When decision-makers are able to anticipate slow, steady rates of inflation, prices become more unstable and there is a negative impact on the level of prosperity.

---

Definitions:

American Civil War

A conflict between Northern and Southern states of the United States from 1861 to 1865 over issues including states' rights and slavery.

Historic Event

A significant occurrence or happening in the past that has shaped or altered the course of history.

Prospective Memory

This facet of memory is about recollecting actions or intentions that one planned to carry out or remember in the future.

Medication

Drugs or substances used to diagnose, treat, or prevent illness and disease, promoting health and well-being.