The Inflation Rate in January of 2009 as Measured by the CPI

question 188

Multiple Choice

The inflation rate in January of 2009 as measured by the CPI was zero.If inflation were to remain at zero for a long period, what would be the effect on velocity?

• A)It will decrease.
• B)It will increase.
• C)It will remain constant.
• D)Velocity is unrelated to interest rates.

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Definitions:

Prep Reaction

A phase in cellular respiration, often referring to the preparation steps that convert pyruvate for entry into the Krebs cycle.

Glycolysis

Anaerobic breakdown of glucose that results in a gain of two ATP and the production of pyruvate; occurs in the cytoplasm of cells.

Electron Transport Chain

A sequence of electron carrier molecules that transfer electrons and release energy used to make ATP, found in the inner mitochondrial membrane.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide.