Which of the Following Statements Seems to Be Verified by Economic

question 5

Multiple Choice

Which of the following statements seems to be verified by economic data?

• A)Inflation tends to rise during recessions.
• B)Inflation adjusts within three months to output gaps.
• C)Inflation tends to fall during expansions.
• D)It can take over a year for inflation to adjust to output gaps.

---

Definitions:

α-Bromination

The substitution reaction where a hydrogen atom adjacent to a carbonyl group in a molecule is replaced by a bromine atom.

Major Organic Product

The primary product of an organic reaction, typically forming in the greatest amount compared to any other products.

Transformation

A thorough or dramatic change in form or appearance, commonly used to describe a significant change in a chemical substance or entity.

Reagents

Substances or compounds added to a system to bring about a chemical reaction or test for the presence of another substance.