Assuming that because one consumer gains from the fall in the price of one good,all consumers can gain from a fall in the overall price level is an example of the
A) fallacy of composition.
B) price signal distortion hypothesis.
C) downward nominal wage rigidity hypothesis.
D) zero bound on nominal interest rates hypothesis.
E) Fisher effect.
Correct Answer:
Verified
Q181: Deflation is not a sensible policy goal
Q182: According to the price distortion hypothesis
A) inflation
Q183: In what circumstances would lenders most benefit?
A)
Q184: Economists on both sides of the inflation
Q185: When inflation is anticipated and the government
Q187: The Canadian consumer price index fell from
Q188: When the overall price level falls in
Q189: The downward nominal wage rigidity hypothesis says
Q190: The zero bound on nominal interest rate
Q191: Canadian economists who prefer 'low' inflation,that is,inflation
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