An Increase in a Country's Rate of Inflation Is Apt

question 74

Multiple Choice

An increase in a country's rate of inflation is apt to

• A) reduce its imports and improve its trade balance.
• B) lower its nominal rate of interest and encourage an inflow of capital.
• C) worsen its balance of trade and balance of payments.
• D) decrease demand for the country's currency.

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Definitions:

Address

A numerical representation used to locate a specific byte or word in memory, essential for data storage and retrieval operations.

Pointer Access

The act of using a pointer to read or modify the value of the variable it points to.

Subscript Notation

A method of accessing particular elements of an array or list by using an index enclosed in brackets.

Subscripts

Indexes used to access elements within an array.