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11 Dec 2019
In an inflationary economy, which of the following is true?
A) Costs to produce products are increasing but prices are going down.
B) Gross incomes are declining.
C) Discretionary incomes are declining.
D) Both the costs to produce and buy products are increasing.
E) Incomes and costs are not changing, but prices are decreasing.
In an inflationary economy, which of the following is true?
A) Costs to produce products are increasing but prices are going down.
B) Gross incomes are declining.
C) Discretionary incomes are declining.
D) Both the costs to produce and buy products are increasing.
E) Incomes and costs are not changing, but prices are decreasing.
Collen VonLv2
3 Apr 2020