Which of the Following Is a LIKELY Response to Inflation

question 38

Multiple Choice

Which of the following is a LIKELY response to inflation?

• A)People choose to carry higher money balances.
• B)People tend to make fewer transactions.
• C)People tend to make more transactions.
• D)People tend to hold on to fewer interest-bearing assets.

---

Definitions:

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow positing that people are motivated to achieve certain needs and that some needs take precedence over others, from basic physiological needs to self-actualization.

Abraham Maslow

A psychologist renowned for establishing the hierarchy of needs according to Maslow, a concept of psychological well-being based on satisfying inborn human necessities.

Alfred Adler

An Austrian medical doctor and psychotherapist who founded the school of individual psychology, emphasizing the importance of feelings of inferiority and the creative self.

Perioperative Area

The sections of a healthcare facility related to surgical procedures, encompassing preoperative, operative, and postoperative phases.