Higher Inflation Makes Relative Prices

question 74

Multiple Choice

Higher inflation makes relative prices

• A)more variable,making it more likely that resources will be allocated to their best use.
• B)more variable,making it less likely that resources will be allocated to their best use.
• C)less variable,making it more likely that resources will be allocated to their best use.
• D)less variable,making it less likely that resources will be allocated to their best use.

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Definitions:

Hardiness

The personal quality of being able to endure difficult conditions; resilience in facing stress or adversity.

Disenchantment

A feeling of disillusionment or dissatisfaction, often resulting from unmet expectations or the realization that reality does not match ideals.

Adaptive Response

A reaction to a change in the environment that enables an organism or system to better survive or operate.

Physical Demand Stressor

A factor in the workplace that causes stress due to physical efforts or demands required by a job.