Which of the Following Statements About Inflation Is True

question 105

Multiple Choice

Which of the following statements about inflation is true?

• A) The most common measure of inflation is the consumer price index (CPI).
• B) Since 1980, inflation in the United States has risen dramatically.
• C) High inflation is good for interest rates and stock and bond prices.
• D) Inflation has no effect on what we earn in our jobs.
• E) High rates of inflation tend to drive down the cost of borrowing money.

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Definitions:

Double Check

A safety procedure where two individuals independently verify a task to ensure accuracy and prevent errors.

Palpate

To examine a part of the body by touch, especially for medical purposes to detect any abnormalities.

Deep Palpation

A technique in physical examination to press deeply into the body to feel the organs or tissues.