Which of the Following Is Correct About Inflation

question 84

Multiple Choice

Which of the following is correct about inflation?

• A) If inflation is 7% and your rate of return in your savings account is 4%, you will experience an overall gain in buying power.
• B) As the inflation rates increases, the interest rates offered to savers decrease.
• C) Inflation does not affect interest rates for savings accounts.
• D) In order to increase buying power, you need to earn a rate higher than the rate of inflation.
• E) If you earn 5% and inflation is 10%, your buying power will increase.

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Definitions:

Chloroplasts

Organelles found in plant and algal cells that conduct photosynthesis, converting light energy into chemical energy.

Guard Cells

Specialized cells in the epidermis of leaves, stems, and other organs that regulate gas exchange and water loss by opening and closing stomata.

Stoma

A tiny opening or pore, found in the epidermis of leaves and stems, that is used for gas exchange.

Parenchyma

A type of plant tissue composed of living cells, often the most abundant type of cell in plants, involved in photosynthesis, storage, and regenerative processes.