When There Is Inflation

question 24

Multiple Choice

When there is inflation,

• A) average prices fall.
• B) the value of money falls.
• C) your standard of living rises if the prices of what you buy rise faster than your income.
• D) the purchasing power of your savings rises.
• E) your standard of living falls if your income rises faster than the prices of what you buy.

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Definitions:

Ashlar Blocks

Smooth, square or rectangular stone blocks used in construction, characterized by their fine joints and uniform appearance.

Rubble

Broken bits and pieces of stone, bricks, or concrete, typically used as a foundation material in construction or left as debris from destruction.

Marble Incrustation

A decorative technique that involves embedding pieces of marble into a surface, creating patterns or images.

Verticality

Architectural and visual arts principle emphasizing height and upward direction, aiming to create a sense of grandeur or to elevate the subject matter.