All of the Following Are True for Unanticipated Inflation EXCEPT

question 26

Multiple Choice

All of the following are true for unanticipated inflation EXCEPT

• A) those on a fixed income lose purchasing power during inflationary periods.
• B) creditors do not receive the full purchasing power from a loan because the principle and interest rate are fixed.
• C) debtors are hurt during inflationary times because the amount they pay creditors back increases.
• D) increased prices due to high inflation cause consumers to spend less money.

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Definitions:

Somatic Cells

Any cell forming the body of an organism, as opposed to reproductive cells; somatic cells are diploid and carry the full set of chromosomes.

Unneeded Genes

Genes that are not required by an organism for survival or reproduction, often becoming deactivated or lost over evolutionary time.

Regulation Development

The process through which biological systems grow and change, governed by genetic and environmental factors.

Transcription

The first step in gene expression, where a particular segment of DNA is copied into RNA by the enzyme RNA polymerase.