The process of converting current dollar values into real terms is called ________, while the process of adjusting nominal quantities to maintain their purchasing power is called ________.
A)deflation; inflation
B)inflation; hyperinflation
C)deflating; indexing
D)indexing; deflating

Question

Quizplus · Accepted Answer

The process of converting current dollar values into real terms is called deflating, while the process of adjusting nominal quantities to maintain their purchasing power is called indexing.

The Process of Converting Current Dollar Values into Real Terms