Deflation

question 24

Multiple Choice

Deflation

• A) often accompanies increases in the money supply.
• B) is good for borrowers, but bad for lenders.
• C) is good for lenders, but bad for borrowers.
• D) cannot occur under a bimetallic standard.

---

Definitions:

Asbestosis

A lung disease resulting from the inhalation of asbestos particles, characterized by fibrosis of the lungs and breathing difficulties.

Internal Respiration

The exchange of gases (oxygen and carbon dioxide) between the blood and the body cells.

Alveoli

Microscopic air sacs in the lung.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, essential for plant photosynthesis but a contributor to global warming when in excess.