Which of the following is an example of deflation?
A) Prices growing at 2%.
B) Prices were growing at 3% last year and 2% this year.
C) Prices are growing at 0%.
D) Prices are falling.
Correct Answer:
Verified
Q5: The Phillips curve shows the relationship between:
A)
Q6: According to the Phillips curve:
A) There is
Q7: When inflation is 2%:
A) All prices in
Q8: Inflation means all prices are increasing.
Q9: In the liquidity trap an increase in
Q10: If prices in general are falling this
Q11: The inflation target in the UK for
Q13: Inflation in the UK is generally measured
Q14: The formula for calculating inflation is:
A) (Prices
Q15: Which of the following categories is included
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