A Rising Price Level Eliminates an Excess Supply of Money

question 81

True/False

A rising price level eliminates an excess supply of money.

---

Definitions:

Remainderman

A third party with the right to the remainder of the fee simple after the death of a life tenant.

Life Estate

A property interest where an individual (the life tenant) has the right to use, occupy, and benefit from a property during their lifetime, after which the property typically reverts to a remainderman.

Matrimonial Home

The dwelling that a married couple or civil partners occupy as their family home.

Will

A legal document that outlines how an individual's assets and properties will be distributed after their death.