When Inflation Is Very High,money Is No Longer a ______

question 73

Multiple Choice

When inflation is very high,money is no longer a ______ means of exchange.

• A) stable
• B) portable
• C) durable
• D) divisible
• E) difficult to counterfeit

Recognize the legal and ethical considerations of employee monitoring systems.

Comprehend the concepts of authentication and authorization in IT security.

Understand the role and forms of intellectual property in securing information.

Understand the concepts and importance of information security within an organization.

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Definitions:

Transfer Payments

Payments made by governments to individuals without the expectation of any goods or services in return, such as welfare or social security payments.

Income Tax Rates

The percentage of one's income that is paid to the government as tax, which can vary based on income level and other factors.

Income

Income is the amount of money or its equivalent received during a period of time in exchange for labor, services, or investments.

Real Disposable Income

The income of individuals or the economy after adjusting for inflation, available for spending and saving after income taxes have been accounted for.