Which of the Following Is Not Correct

question 5

Multiple Choice

Which of the following is not correct?

• A)If the inflation rate exceeds the nominal interest rate,then the purchasing power of an interest-earning deposit falls over time.
• B)If there is deflation,then the purchasing power of an interest-earning deposit rises by more than the nominal interest rate over time.
• C)The higher the rate of inflation,the smaller the increase in the purchasing power of an interest-earning deposit.
• D)The purchasing power of an interest-earning deposit can increase or decrease over time,but it cannot stay the same.

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Definitions:

Minimum Requirements

The least or lowest acceptable standards or conditions that must be met, often used in contexts such as employment qualifications, educational admissions, or product specifications.

Roadblock Strategy

A tactic used in various contexts, including protests and negotiations, where literal or figurative barriers are put up to delay or prevent achieving an opposing party's goals.

Desegregation

The process of eliminating racial segregation, particularly in educational and public institutions, leading to the integration of different racial groups.

Public Placement

The process or practice of placing individuals or entities within publicly funded or supported institutions, such as schools or housing, often guided by specific policies or regulations.