This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For deflation to occur, A) national income must decrease. B) real GDP must decrease. C) the ... (Read 32 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
For deflation to occur,
 
  A) national income must decrease.
  B) real GDP must decrease.
  C) the price level must decrease.
  D) nominal GDP must decrease.

Question 2

An economy that experiences a fall in the price level over two consecutive quarters necessarily experiences
 
  A) a recession.
  B) inflation.
  C) deflation.
  D) disinflation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


mia

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Jun 29, 2018
Correct answers!


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Detail of the Chinese-style gate of Nishi Hongan-ji in Kyoto; Momoyama period; National Treasure Detail of the Chinese-style gate of Nishi Hongan-ji in Kyoto; Momoyama period; National Treasure
Where Earthquakes Occur— Convergent Boundaries Where Earthquakes Occur— Convergent Boundaries
The Abecedarian study was designed to help very low-income African American children prepare for ... The Abecedarian study was designed to help very low-income African American children prepare for ...
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library