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Assuming That Because One Consumer Gains from the Fall in the Price

Question 186

Multiple Choice

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.

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