Can you please help me with these questions, I'm confused, I don't understand?

Thank you!

1. The higher the rate of inflation, the lower the redistribution effect of inflation.

Select one:

True

False

6. Inflation may cause:

Select one:

a.a misallocation of resources

b.a redistribution of income

c.a reduction in work effort

d.all of the above

7. Potential GDP is Select one:

a.the same as Real GDP.

b.always less than Real GDP. c.always greater than Real GDP.

d.the GDP with full employment of all available resources.

e.fixed in an economy.

8. In 2017, the CPI was 130.4. in 2018, it was 133.4. What was the rate of inflation for 1990.

Select one:

a.2.2%

b.3%

c.2.6%

d.2.3%

21. Inflation may cause

Select one:

a.a redistribution of income.

b.frictional unemployment.

c.wage and price flexibility.

d.None of the above.

25. In the circular flow model of the economy, the flow from the government to households may represent

Select one:

a.payments for goods and services.

b.interest.

c.taxes.

d.labour services.

26. To assess the severity of a recession, some economists prefer to use the

Select one:

a.number of underemployed workers.

b.average duration of unemployment.

c.output gap.

d.All of the above.

27. You have the following data of an economy: Wages and salaries $1874, Personal expenditure on consumer goods and services $2051, Corporation profits before taxes $577, Gross investment $443, Interest and miscellaneous investment income $216, Net exports $489, Government expenditure $664. GDP ?expenditure-based of this economy is:

Select one:

a.$3647

b.$2667

c.$2715

d.$6314