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Author Question: Deflation refers to a: a. decreasing relative prices. b. decreasing price level. c. slowing down ... (Read 79 times)

hbsimmons88

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on: Jun 30, 2018
Deflation refers to a:
 a. decreasing relative prices.
  b. decreasing price level.
  c. slowing down of the rate of inflation.
  d. federal government policy of running budget surpluses.

Question 2

An increase in the marginal propensity to consume (MPC) leads to a increase in the spending multiplier.
 a. True
  b. False
  Indicate whether the statement is true or false


SAUXC

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

b

Answer to Question 2

True


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