Which of the Following Statements Is NOT True

question 4

Multiple Choice

Which of the following statements is NOT true?

• A) Inflation is an economy-wide phenomenon that concerns, first and foremost, the value of the economy's medium of exchange.
• B) The quantity theory states that the primary cause of inflation is growth in the supply of money.
• C) The so-called inflation tax does not affect those people whose incomes do not rise with inflation.
• D) Some inflation in any economy is desirable because it is a sign that demand is present, that there is a reason to produce and invest, and that there is reward to be gained from enterprise.

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Definitions:

Larynx

Cartilaginous organ located between the pharynx and the trachea; in humans, contains the vocal cords; sometimes called the voice box.

Bronchi

The major air passages of the lungs that diverge from the windpipe, allowing the transportation of air in and out of the lungs.

Tidal Volume

The volume of air inhaled or exhaled in a normal breath during resting conditions.

Static Volume

A measurement in fluid mechanics that refers to the volume of a fluid at rest.