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Author Question: An economy that experiences a rise in the price level over two consecutive quarters necessarily ... (Read 68 times)

debasdf

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on: Jun 29, 2018
An economy that experiences a rise in the price level over two consecutive quarters necessarily experiences
 
  A) a recession.
  B) deflation.
  C) disinflation.
  D) none of the above.

Question 2

Fill in the blanks: ________ is defined as a sustained ________ in the purchasing power of money.
 
  A) Inflation; fall
  B) Deflation; fall
  C) Inflation; rise
  D) Answers B and C above are both true.


cadimas

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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