Which of the Following Statements Is True

question 28

Multiple Choice

Which of the following statements is true ?

• A) Demand-pull inflation is caused by insufficient total spending.
• B) Cost-push inflation is caused by an increase in resource costs.
• C) If nominal interest rates remain the same and the inflation rate rises, real interest rates increase.
• D) If real interest rates are positive, lenders incur losses.

---

Definitions:

Job Detail

Specific information or characteristics defining a particular job, including responsibilities, requirements, and working conditions.

Long-Term Repercussions

Enduring consequences or effects that result from an action or decision made earlier.

Job Specification

A detailed description of the qualifications, skills, and experience required for an employee to perform a specific job successfully.

Task Statement

A clear description of a duty or responsibility that outlines the expected performance or outcome of a particular job function.