Inflation Is NOT a Problem

question 165

Multiple Choice

Inflation is NOT a problem:

• A) if it is under 15%, as it usually is in the United States.
• B) if salaries rise at a slower rate than inflation.
• C) if the prices of some goods fall even though the prices of others might be rising.
• D) except that when it occurs, it creates uncertainty over future prices (along with other possible deleterious effects).
• E) and is not preferred when compared to deflation.

---

Definitions:

Burnout

A state of emotional, physical, and mental exhaustion caused by excessive and prolonged stress, often related to work.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body goes through when exposed to stress.

Major Life Events

Significant occurrences in a person's life that have the capacity to alter the course of life significantly, often requiring considerable adjustment.

Catastrophes

Extreme and sudden disasters or events causing significant damage or suffering.