The One-To-One Relation Between the Inflation Rate and the Nominal

question 9

Multiple Choice

The one-to-one relation between the inflation rate and the nominal interest rate, the Fisher effect, assumes that the:

• A) money supply is constant.
• B) velocity is constant.
• C) inflation rate is constant.
• D) real interest rate is constant.

---

Definitions:

Landrum-Griffin Act

United States federal legislation that regulates labor unions, addressing their governance, financial practices, and the rights of union members.

Protected Class

Groups of people who are legally protected from discrimination on the basis of characteristics such as race, gender, age, disability, and sexual orientation.

Title VII

The section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

A landmark piece of U.S. legislation passed in 1964 aimed at ending discrimination based on race, color, religion, sex, or national origin.