Which one of the following statements is true?
A) Inflation but not deflation can occur even under conditions of full employment.
B) Deflation but not inflation can occur even under conditions of full employment.
C) Inflation or deflation can occur even under conditions of full employment.
D) Inflation can occur even under conditions of full employment only in the long run.
E) Inflation does not coincide with periods of high unemployment levels.
Correct Answer:
Verified
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A)makes
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A) productive should
Q6: A current account surplus
A)poses a problem if
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Q9: A current account deficit
A) will not pose
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A) avoiding
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A)makes
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A)makes
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