Disinflation is a:
A) decrease in real income.
B) decrease in the rate of inflation.
C) sustained decrease in the general level of prices.
D) sustained decrease in an economy's level of output.
Correct Answer:
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Q123: A price index that compares prices in
Q124: The price index number for year 1
Q125: Price indexes:
A) have little real world applicability.
B)
Q126: Price indexes:
A) are used by firms in
Q127: Which of the following statements is true?
A)
Q129: Deflation is:
A) low prices.
B) a slowing of
Q130: Disinflation is:
A) low prices.
B) a slowing of
Q131: Over a three year period, prices in
Q132: Full production occurs when:
A) an economy is
Q133: Economic growth is an increase in:
A) total
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