An Inflation Rate That Exceeds 50 Percent Per Month Is

question 142

Multiple Choice

An inflation rate that exceeds 50 percent per month is referred to as

• A) anticipated inflation.
• B) destructive deflation.
• C) hyperinflation.
• D) superflation.

---

Definitions:

Signal-Detection

The theory and method of differentiating between information-bearing patterns and random patterns that distract from the information.

Fechner's Law

A principle describing the logarithmic relationship between stimulus magnitude and perceptual intensity, suggesting that sensation increases as the logarithm of the stimulus intensity.

Weber's Law

A principle stating that the smallest perceptible change in a stimulus, or the just noticeable difference, is a constant proportion of the original stimulus.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time, reducing our awareness of them.