Economists Consider High and Volatile Inflation to Be

question 61

Multiple Choice

Economists consider high and volatile inflation to be:

• A) a positive factor in economic growth, since higher prices equal higher profits for firms.
• B) a negative factor in economic growth, as firms and workers deal with uncertainty about profitability, investments, and wages.
• C) neutral regarding its effect on economic growth.
• D) beneficial to the government, which often spends before it taxes.

Distinguish between different programming modes of PLCs and their uses.

Recognize the significance of maintaining data integrity in PLC systems during power losses.

Understand the concept and types of international business, including franchising, direct investment, and joint ventures.

Recognize the reasons why businesses expand into international markets.

---

Definitions:

Achievement Needs

An individual's need for success and accomplishment, often driving motivation and goal-oriented behavior.

Safety Needs

A level in Maslow's hierarchy of needs that encompasses security, protection, and freedom from fear and anxiety.

Gender-Neutral

A term that refers to language and practices that avoid discrimination by not distinguishing roles according to people's sex or gender.

Homeostasis

The process by which living organisms regulate their internal environment to maintain stable, optimal conditions.