Multiple Choice
A decrease in the overall price level is known as
A) recession.
B) inflation.
C) economic growth.
D) deflation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q196: Hyperinflation and stagflation are two different names
Q197: All business cycles are asymmetric-the length of
Q198: Since 1970, the U.S. economy has experienced
Q199: If output is rising and unemployment is
Q200: "Fine tuning" is any government attempt to
Q202: A capital gain is the increase in
Q203: Eddie purchased an autographed Kobe Bryant basketball
Q204: The diagram that shows the income received
Q205: A recession is usually associated with increasing
Q206: During the U.S. recession of 1980-1982, the