In General We Note That Inflation

question 86

Multiple Choice

In general we note that inflation:

• A) hurts everyone in the economy whenever it occurs.
• B) hurts everyone in the economy the same.
• C) always decreases purchasing power.
• D) has very real costs associated with it.

---

Definitions:

World Health Organization

An international organization focused on public health and the prevention and treatment of disease worldwide.

Parachuting Cats

An unconventional method used historically in some regions to control rodent populations by air-dropping cats into areas of rodent infestation.

Intrinsic Rate

Often related to growth, it is the maximum rate of increase of a population under ideal conditions.