Higher Inflation Results in

question 24

Multiple Choice

Higher inflation results in

• A)more frequent price changes and increased variability of relative prices.
• B)more frequent price changes and decreased variability of relative prices.
• C)less frequent price changes and increased variability of relative prices.
• D)less frequent price changes and decreased variability of relative prices.

---

Definitions:

Mood-congruent Memory

The tendency to recall experiences that are consistent with one's current mood.

Three-stage Processing Model

A theory of memory that proposes three stages through which information passes: sensory memory, short-term memory, and long-term memory.

Richard Atkinson

An influential psychologist known for his research on memory and learning, and for developing a model of human memory with Richard Shiffrin.

Richard Shiffrin

A psychologist known for his work on memory, including the development of the multi-store model of memory with Richard Atkinson.