Economists consider deflation
A) to be generally healthy for the economy.
B) to be a normal part of the economy, not necessarily healthy or unhealthy.
C) dangerous, as it can lead to a depression.
D) to be no better and no worse than inflation.
Correct Answer:
Verified
Q47: Suppose this is the base year and
Q48: Suppose the price of gasoline has increased
Q49: Suppose the price of gasoline has increased
Q50: Suppose the price of gasoline has increased
Q51: With deflation people will
A)buy goods earlier than
Q53: Suppose this is the base year and
Q54: Suppose there are only two goods (Good
Q55: Suppose there are only two goods (Good
Q56: Suppose there are two good types (Type
Q57: Deflation occurs only when
A)some prices fall but
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