Author Question: Disinflation means a decrease in: a. the rate of inflation. b. the general level of prices in the ... (Read 48 times)

JMatthes · **on:** Jun 30, 2018

Disinflation means a decrease in:
a. the rate of inflation.
b. the general level of prices in the economy.
c. the prices of all products in the economy.
d. the circular flow.

Question 2

The view that individuals weigh all available evidence when they formulate their expectations about economic events (including information concerning the probable effects of current and future economic policy) is called:
a. the adaptive expectations hypothesis.
b. the permanent income hypothesis.
c. the rational expectations hypothesis.
d. the Phillips curve.