The "True" Costs of Inflation Are

question 127

Multiple Choice

The "true" costs of inflation are:

• A)higher relative prices.
• B)lower relative prices.
• C)reduced economic growth and efficiency.
• D)a higher overall price level.

---

Definitions:

Basal Metabolic Rate

The rate at which the body uses energy while at rest to maintain vital functions such as breathing and keeping warm.

Thyroid Gland

An endocrine gland located in the neck that produces hormones regulating the body's metabolic rate, heart and digestive function, muscle control, brain development, and bone maintenance.

Pituitary Gland

a small, pea-sized gland located at the base of the brain, responsible for regulating crucial body functions through the release of hormones.

Hypophysis

Another term for the pituitary gland, a small, pea-sized gland located at the base of the brain, responsible for controlling various hormonal activities in the body.