Economists Generally Argue That

question 137

Multiple Choice

Economists generally argue that

• A)neither high inflation nor moderate inflation is very costly.
• B)costs of both high and moderate inflation are quite large.
• C)high inflation is costly, but costs of moderate inflation are not nearly as large as the public believes.
• D)costs of moderate inflation are nearly zero whereas high inflation is quite costly.

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Definitions:

Gymnosperms

A collection of plants that produce seeds, such as conifers, cycads, Ginkgo, and gnetophytes, distinguished by their seeds being exposed, not contained within an ovary.

Angiosperms

The largest group of land plants characterized by flowers and fruit, which enclose the seeds.

Pollinators

Animals or insects that transfer pollen from one flower to another, facilitating plant fertilization.

Bryophytes

Term used to identify plants that do not have vascular tissue. Includes the liverworts, hornworts, and mosses.