Which of the Following Statements Is FALSE

question 138

Multiple Choice

Which of the following statements is FALSE?

• A)Whether you gain or lose during a period of inflation depends on whether your income rises faster or slower than the prices of the things you buy.
• B)Inflation that is higher than expected benefits debtors,and inflation that is lower than expected benefits creditors.
• C)There are no costs or losses associated with anticipated inflation.
• D)When unanticipated inflation occurs regularly,the degree of risk associated with investments in the economy increases.

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Definitions:

Contracting Parties

The entities (individuals or companies) that enter into a contractual agreement, each undertaking specific obligations outlined within.

Courts Presume

The principle that courts assume certain facts to be true until proven otherwise, under specific legal doctrines or in the absence of evidence to the contrary.

Insurance Contract

An agreement between an insurer and a policyholder in which the insurer promises to pay for specific losses or damages in exchange for premiums paid by the policyholder.

Void

A term describing a contract or legal obligation that is null, having no legal force or effect from the beginning.