A Basic Rule of Thumb to Predict Inflation Is Inflation

question 42

Multiple Choice

A basic rule of thumb to predict inflation is inflation equals:

• A)real wage increases minus productivity growth.
• B)productivity growth plus nominal wage increases.
• C)productivity growth minus nominal wage increases.
• D)nominal wage increases minus productivity growth.

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Definitions:

Keystone Species

A species whose presence and role within an ecosystem have a disproportionate effect on other organisms within the system.

Indicator Species

Species that serve as a measure of the environmental conditions of a habitat or ecosystem, often used to assess changes in environmental health.

Grasses

Members of the Poaceae family, a large and nearly ubiquitous family of monocotyledonous flowering plants.