Inflation

question 94

Multiple Choice

Inflation:

• A)raises the cost of making purchases.
• B)can result in a decrease in barter transactions.
• C)encourages people to hold cash.
• D)is caused by changes in interest rates.

---

Definitions:

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Operational Definition

A statement of the procedures or ways in which a research concept, variable, or phenomenon is measured or experienced.

Theoretical Definition

A statement that gives the meaning of a term in the context of a theory or framework, specifying the underlying concepts.

Visual-spatial Abilities

Refers to the capacity to identify visual and spatial relationships among objects.