As Inflation Rates Increase, Borrowing and Lending Contracts Tend to

question 139

Multiple Choice

As inflation rates increase, borrowing and lending contracts tend to

• A)increase in size.
• B)decrease in size.
• C)decrease in length of time.
• D)increase in length of time.

---

Definitions:

City Ordinance

A rule or law established by a local government authority to regulate behavior within the city limits.

Free Speech

The freedom to share one's views and thoughts without worry of punishment or suppression from the government.

Federal Regulation

Laws and guidelines established by the federal government to control or govern behavior and practices.

City Council Ordinance

A law or regulation enacted by the governing body of a city or municipality.