Which of the Following Statements Is True

question 77

Multiple Choice

Which of the following statements is true ?

• A) Deflation is an increase in the general level of prices.
• B) The consumer price index (CPI) measures changes in the average prices of consumer goods and services.
• C) Disinflation is an increase in the rate of inflation.
• D) Real income is the actual number of dollars received over a period of time.
• E) The real interest rate equals the nominal rate of interest plus the inflation rate.

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Definitions:

Meeting

A gathering of people for the purpose of discussing and acting upon business or other shared interests.

Minutes

A report of what happened and what was discussed and decided at a meeting.

Itinerary

A detailed travel plan listing dates and times for specific transportation arrangements and events, the location of meetings and lodgings, and phone numbers.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, a critical measurement for diagnosing and monitoring health conditions.