Which of the Following Is True

question 69

Multiple Choice

Which of the following is true?

• A)Achieving full employment, stable prices and a satisfactory external balance in the short run facilitates the achievement of sustainable economic growth in the long run.
• B)Sustainable economic growth is determined by the growth and productivity of the labor force only.
• C)Inflation increases the real value of money balances held.
• D)Increases in inflation increase real after-tax returns.

---

Definitions:

Residential Property

Real estate that is used for dwelling purposes, including single-family homes, apartments, condominiums, and townhouses.

Public Policy

A system of laws, regulatory measures, courses of action, and funding priorities set by governmental entities or its representatives.

Illegal Profits

Earnings obtained through activities that are unlawful or against regulatory guidelines.

Hijack

The act of unlawfully seizing control of a vehicle, such as an airplane or ship, often to demand a ransom or achieve a political goal.