During Inflationary Times, Which of the Following Is NOT Likely

question 100

Multiple Choice

During inflationary times, which of the following is NOT likely occur?  

• A) People will change their expectations about the inflation rate. 
• B) Workers will try to get increases in nominal wages. 
• C) People will be willing to lend money for longer periods. 
• D) People will buy physical assets as a hedge against rising prices.

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Definitions:

Administrative Head

The top official in charge of the administration of an organization, overseeing its operations and ensuring adherence to policies and goals.

Cabinet-level Departments

Departments within the executive branch of the U.S. government led by secretaries who are members of the President's Cabinet, managing vast sections of public policy.

Administrative Law Judge

A judge who presides over hearings and disputes involving government agencies and their regulations.

Full Commission

A payment model where an agent or representative receives the entirety of the commission offered on the completion of a sale or deal without deductions.