Inflation is a problem when
A: it is unpredictable.
B: it causes the value of money to vary unpredictably.
C: it causes resources to be diverted from productive uses.
D: All of the above answers are correct.
A: it is unpredictable.
B: it causes the value of money to vary unpredictably.
C: it causes resources to be diverted from productive uses.
D: All of the above answers are correct.
举一反三
- In a period of rapid, unexpected inflation, resources can be lost A: when firms invest in research and development instead of forecasting inflation. B: when firms use resources to forecast inflation. C: because rapid inflation almost always turns into a hyperinflation. D: Both answers B and C are correct.
- When stress is_________ , it causes damage to the immune system. (unpredictable, unpredictability, predictable, predictability, to predict)
- Although not a unique store of value, people find money a convenient store of value because A: it does not decline in value when prices rise. B: its value remains fixed to the price level; that is, if prices double so does the value of money C: it is the most liquid asset. D: of all of the above E: of none of the above
- When writing an adjustment letter, you need to explain the causes of the problem and what measures to be taken.
- An increase in price causes an increase in total revenue when: () A: demand<br/>is elastic. B: demand<br/>is inelastic. C: demand<br/>is unit elastic. D: All<br/>of the above are possible.