Inflation

question 1

Multiple Choice

Inflation

• A)causes people to spend more time reducing money balances.When inflation is unexpectedly high it redistributes wealth from lenders to borrowers.
• B)causes people to spend more time reducing money balances.When inflation is unexpectedly high it redistributes wealth from borrowers to lenders.
• C)causes people to spend less time reducing money balances.When inflation is unexpectedly high it redistributes wealth from lenders to borrowers.
• D)causes people to spend less time reducing money balances.When inflation is unexpectedly high it redistributes wealth from borrowers to lenders.

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Definitions:

Big Five

A psychological model comprising five broad dimensions used to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics or qualities that define an individual’s behavior in a wide range of circumstances.

Impression Management

The process through which people try to control the perceptions others have of them.

Personal Bonds

The relationships or connections formed between individuals based on trust, affection, or common interests.