Some Economists Think That Even Moderate Inflation Makes It Difficult

question 64

Multiple Choice

Some economists think that even moderate inflation makes it difficult to distinguish relative price changes from changes in the general level of prices and therefore,inflation _______ the efficiency of the market system.

• A) increases
• B) decreases
• C) does not change
• D) may either increase or decrease
• E) improves

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Definitions:

Reticular Layer

The deep layer of the two in the dermis of the skin, which supports the skin's structure.

Merkel Cells

Specialized epidermal cells found in the skin that are involved in the sensation of touch and pressure.

Tactile Corpuscle

A type of mechanoreceptor found in the dermal papillae, particularly in the fingertips and lips, sensitive to light touch and vibrations.

Lamellated Corpuscle

A nerve ending that is sensitive to pressure and vibration, found in the skin and certain other tissues.