Multiple Choice
Other things the same,if the price level rises by 2% and people were expecting it to rise by 5%,then some firms have
A) higher than desired prices,which increases their sales.
B) higher than desired prices,which depresses their sales.
C) lower than desired prices,which increases their sales.
D) lower than desired prices,which depresses their sales.
Correct Answer:
Verified
Correct Answer:
Verified
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