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Author Question: Deflation exists whenever: a. the overall price level falls. b. the overall price level rises. c. ... (Read 246 times)

karlynnae

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on: Jun 30, 2018
Deflation exists whenever:
 a. the overall price level falls.
 b. the overall price level rises.
 c. the economy experiences a contraction.
  d. the price of a good decreases.

Question 2

Inflation exists whenever:
 a. the price of a good increases.
 b. the price of a good decreases.
 c. the economy experiences a contraction.
  d. the overall price level is rising.


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adf223

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


karlynnae

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

meganmoser117

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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