Select the One Most Appropriate Choice for Each

question 51

Multiple Choice

Select the one most appropriate choice for each.
-The citric acid cycle

• A)Produces NADH and CO₂; pyruvate oxidized
• B)Produces ATP, NADH, and CO₂
• C)Splits glucose into two pyruvate molecules
• D)Regenerates NAD⁺ as pyruvate is converted to ethanol or lactate
• E)Uses a membrane-bound system that sets up production of ATP

---

Definitions:

Inflation-induced Tax Distortions

Discrepancies in the effective tax burden caused by inflation, which can lead to distorted investment and consumption decisions.

Shoeleather Costs

Shoeleather costs are the metaphorical costs of inflation, referring to the time and effort spent trying to avoid holding onto cash as it loses value.

Real Interest Rate

The rate of interest an investor expects to receive after allowing for inflation.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.