If 1 Percent Inflation Rather Than Zero Percent Inflation Is

question 94

Multiple Choice

If 1 percent inflation rather than zero percent inflation is expected by both the suppliers and demanders of loanable funds, then the nominal interest rate will

• A)fall, ceteris paribus.
• B)remain constant.
• C)rise.
• D)rise, ceteris paribus.

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Definitions:

Griggs V. Duke

A landmark 1971 Supreme Court case (Griggs v. Duke Power Co.) that prohibited employment discrimination and established the principle of disparate impact, shaping civil rights and labor law.

Racially Neutral

Refers to policies, actions, or attitudes that do not favor any specific race or ethnic group, aiming for fairness and equality across racial lines.

Regents Of The University Of California V. Bakke

A landmark 1978 Supreme Court case that ruled against rigid racial quotas but allowed race to be considered as one of several factors in college admissions.