Complete the Following Using the Terms Listed

Multiple Choice

Complete the following using the terms listed.
-During a(n) _____,consumers frequently postpone major purchases and shift buying patterns toward basic,functional products carrying low prices.

A) Consumer Price Index (CPI)
B) Inflation
C) Gross domestic product (GDP)
D) fiscal policy
E) monetary policy
F) equilibrium price
G) budget deficit
H) Pure competition
I) supply
J) Demand
K) Productivity
L) recession
M) microeconomics
N) oligopoly
O) monopoly