Inflation

question 28

Multiple Choice

Inflation

• A)has no impact on taxing strategies.
• B)brings about an automatic increase in real tax burdens without any legislative action.
• C)only became a tax problem in the late 1990s.
• D)brings about an automatic increase in nominal tax burdens without any legislative action.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Classical Conditioning

A learning process where an originally neutral stimulus becomes associated with a particular response through conditioning.

Conditioned Stimulus

In classical conditioning, this is a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Closet Door

A movable barrier used for closing off the entrance to a closet, often regarded symbolically in phrases denoting privacy or secrecy.