Multiple Choice
The annual percentage change in the aggregate price level is negative when there is:
A) deflation.
B) disinflation.
C) inflation.
D) spiraling inflation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Fiscal policy refers to changes in _
Q15: In the paradox of thrift:<br>A) firms that
Q16: If workers' nominal wages have risen by
Q17: Changing interest rates is an example of
Q18: If a country has a trade deficit,
Q20: An independent panel of economic experts at
Q21: During inflation the _ price level _.<br>A)
Q22: The additional profit earned by Microsoft Corporation
Q23: Per capita economic growth is:<br>A) growth per
Q24: Which statement about the U.S. economy is