Which of the Following Is NOT Likely to Happen If

question 88

Multiple Choice

Which of the following is NOT likely to happen if the public expects an inflation rate of 8% when the actual rate is 4%?

• A) Nominal interest rates will be higher than 8%.
• B) Workers will want annual raises of at least 8%.
• C) Firms will lay off workers.
• D) Borrowers will gain from the difference in inflation rates.

---

Definitions:

Social Interaction

The way people talk and act with each other, which includes a wide range of behaviors and modes of communication.

Hazard Classification

The process of evaluating and categorizing chemicals and materials based on their potential health and environmental hazards.

Cautionary Labelling

The use of labels on products to warn consumers about potential hazards or risks associated with their use.

Safety Data Sheets

Documents that provide information on the properties of chemical products regarding their health, safety, and environmental aspects.