Which of the Following Is Correct

question 294

Multiple Choice

Which of the following is correct?

• A)Inflation impedes financial markets in their role of allocating savings to alternative investments.
• B)Inflation encourages savings through the tax treatment on capital gains.
• C)Inflation encourages larger holdings of currency by the public.
• D)Inflation reduces people's real purchasing power.

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Definitions:

Spelled Correctly

Indicates that words have been written with the proper arrangement of letters according to language standards or dictionary definitions.

Stipend

A fixed, regular payment, often provided to students, interns, or professionals for services rendered, usually not constituting a salary.

Spelled Correctly

The condition of having all letters in a word arranged in the correct sequence according to standard orthography.

Halfs

Incorrect plural form of "half," which refers to one of two equal parts that something can be divided into.