A High Rate of Inflation Is Likely to Cause a

question 104

Multiple Choice

A high rate of inflation is likely to cause a

• A)high nominal interest rate.
• B)low nominal interest rate.
• C)low rate of growth of nominal GDP.
• D)decrease in nominal wages.

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Definitions:

Psychological Dependence

a form of dependence characterized by a perceived need to use a substance or engage in a behavior to achieve emotional or psychological well-being.

Heroin

An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, highly addictive and illegal.

Narcolepsy

A lasting sleep disturbance featuring overwhelming sleepiness throughout the day and abrupt instances of sleeping.

Insomnia

A condition marked by challenges in getting to sleep, maintaining sleep, or having restful sleep.