If Deflation Occurs and Your Income Is Fixed, Your Real

question 55

Multiple Choice

If deflation occurs and your income is fixed, your real income:

• A) will fall.
• B) will go up.
• C) will still be equal to your nominal income.
• D) is constant.

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Definitions:

Anabolic Reaction

A biochemical process that builds molecules from smaller units, typically consuming energy, as part of the body's synthesis of complex molecules.

Polysaccharide

Polysaccharides are long carbohydrate molecules made of monosaccharide units bonded together, serving as energy storage or structural components in living organisms.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, serving as the building blocks for more complex sugars and polysaccharides.

Fermentation

An anaerobic process by which ATP is produced by a series of redox reactions in which organic compounds serve both as electron donors and terminal electron acceptors.