Wealth Is Redistributed from Creditors to Debtors When Inflation Is

question 90

Multiple Choice

Wealth is redistributed from creditors to debtors when inflation is

• A)high, whether it is expected or not.
• B)low, whether it is expected or not.
• C)unexpectedly high.
• D)unexpectedly low.

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Definitions:

Control Group

In experiments, a group of subjects that does not receive the experimental treatment and is used as a benchmark to measure the effects of that treatment.

Operant Conditioning

A learning process by which the strength of a behavior is modified by reinforcement or punishment.

Token Economies

is a behavior modification technique where tokens are given as a reward for desirable behaviors, which can be exchanged for privileges or items.

Schizophrenia

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality and personal relationships into fantasy and delusion, and a sense of mental fragmentation.