Which of the Following Is True About Inflation

question 40

Multiple Choice

Which of the following is true about inflation?

• A)Inflation promotes social harmony by uniting people against the government.
• B)Inflation is more damaging if it is anticipated than if it is not anticipated.
• C)Accurate anticipation of inflation is possible for everyone who is well informed about economic events.
• D)Those who have borrowed money at an interest rate below the rate of inflation will generally benefit.
• E)If people anticipate inflation,their actions will prevent the inflation.

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Definitions:

Somatization Pattern

The manifestation of psychological distress through the presentation of physical symptoms without a corresponding medical condition.

Americans

Citizens of the United States of America or individuals associating with the country, its culture, or its people.

Hysterical Disorders

Now often referred to as conversion disorders, these involve experiencing physical symptoms that have a psychological rather than neurological cause.

Predominant

Having superior strength, influence, or authority; prevailing over others or most common.