Regarding the Freedom of Information Act,which Statement Is False

question 14

Multiple Choice

Regarding the Freedom of Information Act,which statement is false?

• A)Records involving an individual's private life are exempted from the act.
• B)Information regarding the agency's personnel records may be obtained under the act.
• C)Citizens are entitled to any records that government agencies have about them.
• D)Information may be obtained under the act regarding how an agency gets and spends its money.
• E)Records involving national security are exempted from the act.

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Definitions:

Real Interest Rates

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Nominal Interest Rates

The interest rate before adjustments for inflation, representing the face value of borrowing costs.

Inflation Rate

How quickly the average cost of products and services goes up, causing the ability to purchase to decline.