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rubyjellyfish151Lv1

28 Nov 2020

Deflation refers to a situation in which

A. the inflation rate decreases

B. the average of all prices is falling

C. there are a recession and inflation

D. prices are not changing

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Nusrat FatimaLv10

11 Jan 2021

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Related textbook solutions

Principles of Economics

2nd Edition, 2017

ISBN: 9781947172364

Principles of Macroeconomics

ISBN: 9781947172388

Principles of Microeconomics

ISBN: 9781947172340

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When prices are falling, economists say that there is

A. disinflation.

B. deflation.

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D. inverted inflation.

amaranthmouse551

New government regulation leads to a dramatic increase in costs for firms, which scale back production as a result. Despite the ensuing recession, prices rise faster than before. This is an example of

A) Cost-push inflation

B)Demand-pull inflation

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orchidminnow543

Which of the following statements about prices and inflation is not correct.

a. Deflation is an increase in the general level of prices.

b The CPI measures changes in the average prices of goods and services

c. Disinflation is an increase in the rate of inflation.

d. real income is the actual amount of dollars received in a period

purplecrocodile336

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