Which of the Following Is Likely to Be an Effect

question 73

Multiple Choice

Which of the following is likely to be an effect of inflation?

• A)An increase in the willingness of lenders to lend money for longer periods
• B)A decrease in the willingness of borrowers to borrow money for longer periods
• C)A decrease in the purchasing power of lenders in the economy
• D)An increase in the willingness of people to buy bonds as a hedge against rising prices
• E)An increase in the willingness of people to buy physical assets as a hedge against rising prices

---

Definitions:

Company Policy

The guidelines and rules set by a company to outline acceptable behaviors and business practices for its employees.

Credit Cards

Payment cards issued by financial institutions that allow cardholders to borrow funds to pay for goods and services with the condition of paying back the borrowed amount plus any applicable interest.

Quality Products

This term refers to goods or items that meet or exceed consumer expectations in terms of durability, reliability, performance, and aesthetics.

Principles Of Customer Service

Fundamental guidelines that govern how to effectively serve and meet the needs of customers.