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 68 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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

If a fire were to occur, follow the evacuation plan. If a fire were to occur, follow the evacuation plan.
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library