An Unexpected Increase in Inflation Should

question 155

Multiple Choice

An unexpected increase in inflation should:

• A)increase the demand for loanable funds
• B)decrease the interest rate on loans
• C)increase the interest rate on loans
• D)none of the above

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Definitions:

Disclose

means to reveal or make known information that was previously private or secret.

Duty

Obligation required by law or morality to act or refrain from acting in a certain manner towards others.

Waiting Period

A mandatory interval of time between the initiation of an action and its actual application, such as between filing an insurance claim and receiving benefits.

Filing Date

The filing date refers to the specific day on which a document is officially submitted or recorded with a governmental or legal office.