Multiple Choice
An overall fall in prices in the economy is called:
A) inflation.
B) deflation.
C) core inflation.
D) core deflation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Deflation is:<br>A) a sustained rise in the
Q13: If the real interest rate is above
Q14: When an economy's actual output is smaller
Q16: If the purchasing power of your debt
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6625/.jpg" alt=" If the economy
Q19: According to the quantity theory of money,
Q20: The nominal interest rate is:<br>A) not adjusted
Q21: Cost pull inflation occurs when the:<br>A) price
Q23: The classical theory of inflation illustrates the
Q97: If the nominal interest rate is higher